In recent years, with the changes in the domestic and international economic situation, criminal activities involving underground banks, such as illegal fund payment and settlement business and illegal foreign exchange trading, have become increasingly rampant, and criminal cases involving underground banks have been increasing. It not only involves crimes in the economic field, but also increasingly becomes a channel for criminal activities such as telecom fraud and online gambling to transfer illicit money, a "money laundering tool" and an "accomplice" for corrupt elements and terrorist activities, seriously endangering national financial security and social stability.
Illegal buying and selling of foreign exchange mainly includes buying and selling foreign exchange, buying and selling foreign exchange privately, buying and selling foreign exchange in disguise, etc. For those who illegally buy and sell foreign exchange, the foreign exchange bureau will give a warning, force exchange, confiscate the income and impose a fine of less than 30% of the illegal amount. If the circumstances are serious, a fine of not less than 30% of the illegal amount but not more than the equivalent value shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law.
Illegal foreign exchange operation, which constitutes a crime, shall be punished with "fixed-term imprisonment of not more than five years or criminal detention, and a fine of not less than/kloc-0 and not more than 5 times the illegal income" according to Article 225 of the Criminal Law. If the circumstances are particularly serious, he shall be sentenced to "fixed-term imprisonment of not less than five years, and a fine of not less than five times the illegal income 1 or confiscation of property". If a unit commits a crime, it shall be fined in accordance with Article 23 1 of the Criminal Law, and the directly responsible person in charge and other directly responsible personnel shall be convicted and punished.