As part of initiatives launched for the Publicity Month for Preventing Illegal Financial Activities, which runs through June, the Supreme People's Procuratorate (SPP) released four typical cases of procuratorial organs cracking down on criminal crimes of illegal fundraising. This move aims to showcase the experiences and progress of procuratorial organs in lawfully combating crimes of illegal fundraising, reveal the criminal methods and risks of illegal fundraising, and raise public awareness of guarding against such crimes.
The exemplary cases involve two cases of fundraising fraud and illegal absorption of public deposits, one case of illegal absorption of public deposits, and one case of fundraising fraud and money laundering.
The SPP's Procuratorial Department for Economic Crimes stated that illegal fundraising not only seriously damages the legitimate rights and interests of the people but also disrupts the economic and financial order as well as the overall social stability.
In recent years, procuratorial organs nationwide have actively participated in special operations to combat illegal fundraising, and effectively handled each case with high quality and efficiency, the department said.
Going forward, the department noted, procuratorial organs will continue to exercise their procuratorial duties in accordance with the law, work together with relevant departments to effectively curb illegal financial activities with high quality and efficiency, prevent and resolve financial risks, and strive for tangible results in special campaigns against illegal fundraising.
