Financing characteristics
First, without the approval of the relevant departments according to law, including fund-raising without the approval of the approving authority; The department with the power of examination and approval ultra vires to approve fund-raising, that is, the fund-raiser does not have the qualification of fund-raising subject.
2. Promise to repay the principal and interest to investors within a certain period of time. Debt service is mainly in the form of money, but there are also physical and other forms.
Third, raise funds from unspecified objects in society. The "unspecified object" here refers to the public, not a specific minority.
Fourth, cover up the essence of illegal fund-raising in a legal form. In order to cover up their illegal purposes, criminals often sign contracts with investors (victims) and pretend to be normal production and business activities in order to maximize their ultimate goal of defrauding funds.
Specific means:
(1) promises high returns and fabricates the myth of "pie falling from the sky" and "getting rich overnight". Lure is the only way for all fraudsters to deceive the masses.
(2) fabricating false projects or concluding trap contracts to deceive the masses into the quagmire step by step.
(3) Confuse the concept of investment and financial management, and let the masses lose their judgment in the face of dazzling new terms.
(4) whitewash the peace, and use the legal coat or celebrity effect to defraud the people's trust.
(5) Using the Internet to commit crimes and evade attacks through virtual space.
(6) expanding the victim groups by means of mental, personal coercion or family deception.