yes.
illegal fund-raising refers to fund-raising without the approval of relevant departments according to law, including those without approval authority; The department with approval authority approves fund-raising beyond its authority, that is, the fund-raiser does not have the main qualification of fund-raising and promises to repay the principal and interest to the investor within a certain period of time. The forms of debt service are mainly monetary, but also physical and other forms.
raise funds from socially unspecified objects. The "unspecified object" here is the public, not a specific minority. To cover up the essence of illegal fund-raising in legal form, in order to cover up its illegal purpose, criminals often sign contracts with investors (victims) and pretend to be normal production and business activities to maximize their ultimate goal of defrauding funds.
Extended information:
Related contents of illegal fund-raising:
1. After preliminary identification, it shall promptly submit it to the public security organ for investigation according to law. In the process of investigating and investigating illegal financial institutions and illegal financial business activities, the People's Bank of China and the public security organs shall cooperate with each other.
2. The public security organs shall take compulsory measures against criminal suspects, funds and property involved in illegal financial institutions and illegal financial business activities according to law to prevent criminal suspects from escaping and transferring funds and property.
Baidu encyclopedia-illegal fund-raising.