1. The school raises funds from teachers on the grounds of repaying loans, which cannot constitute the crime of illegal fund-raising. The crime of illegal fund-raising refers to the act of illegal fund-raising by fraud, with a large amount. The so-called illegal fund-raising refers to companies, enterprises, individuals or other organizations without approval. It is the essence of this crime to raise funds from the public or the collective through improper channels in violation of laws and regulations.

2. According to the provisions of the Criminal Law, the crime of fund-raising fraud refers to the act of illegally raising funds by fraudulent means for the purpose of illegal possession, reaching the amount and circumstances stipulated by law.

Different from the single criminal object of the crime of illegally absorbing public deposits (referring to the crime of violating the financial management order), the criminal object of the crime of fund-raising fraud belongs to a complex object, which violates both the financial management order and the ownership of public and private property. The crime of fund-raising fraud is also a kind of illegal fund-raising crime, which is the focus of our crackdown.