In our real life, illegal fund-raising will definitely be subject to severe criminal penalties. Nowadays, the methods of deception are becoming more and more sophisticated, and many people are unable to guard against it. For example, using insurance means, What are the relevant legal provisions for illegally raising funds to buy insurance? This insurance method includes insurance practitioners taking advantage of management loopholes in their positions to illegally raise funds under the guise of insurance products. 1. What are the relevant legal provisions for illegally raising funds to buy insurance? Leading cases refer to insurance practitioners taking advantage of their positions or company management loopholes to commit fund-raising fraud under the guise of insurance products, insurance contracts or in the name of insurance companies. The main means are: criminals make up insurance financial products, or promise additional benefits based on the original insurance products, or sign "financial management agreements on behalf of customers" with consumers to absorb funds; criminals issue fake insurance policies and write them on self-purchase receipts or company documents. The invalidated receipts are stamped with privately engraved official seals, or even directly issued IOUs to defraud funds. Participatory cases refer to insurance practitioners’ participation in social fund-raising, private lending and agency sales of non-insurance financial products. The main methods are: insurance practitioners promote insurance products and non-insurance financial products at the same time, confusing the two products; insurance practitioners promise that non-insurance financial products are guaranteed by the reputation of the insurance company, with guaranteed capital and high yields; and induce insurance consumers to surrender their insurance policies Or pledge insurance policies to obtain cash to purchase non-insurance financial products. Exploited cases refer to illegal institutions using the credit of insurance companies to mislead and deceive investors and conduct illegal fund-raising. The main methods are: illegal institutions falsely claim to be in alliance with insurance companies, fabricate insurance and financial products for sale to the outside world, and illegally raise funds; they secretly change the concept of insured insurance or exaggerate insurance liabilities, claiming that the safety of investment projects (property) or funds is guaranteed by insurance companies. Conduct illegal fund-raising; forge insurance agreements, falsely claim that insurance companies provide credit performance guarantee insurance to investors, and use high interest rates as bait to carry out P2P business; use the name of insurance to attract investors in the name of establishing mutual insurance companies and obtaining high investment returns. Public investment, or publicity in the name of insurance using "mutual aid plans", crowdfunding, etc. as gimmicks, is suspected of inducing the public to participate in illegal fund-raising. 2. Sentencing standards for the crime of illegal fund-raising by units 1. There are two crimes involving illegal fund-raising: (1) the crime of illegally absorbing public deposits; (2) the crime of fund-raising fraud. Sentencing depends on the specific circumstances. 2. The crime of illegally absorbing public deposits. Article 176 of the Criminal Law of the People's Republic of China and the People's Republic of China. Whoever illegally absorbs public deposits or absorbs public deposits in disguised form and disrupts financial order shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also be sentenced to Or a single fine of not less than 20,000 yuan but not more than 200,000 yuan shall be imposed; if the amount is huge or there are other serious circumstances, the offender shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan. If a unit commits the crime in the preceding paragraph, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph. 3. Crime of Fund-raising Fraud Article 192 of the Criminal Law of the People's Republic of China and the People's Republic of China A fine of not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or there are other special circumstances If the circumstances are serious, the offender shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or have property confiscated. In our country, there are owner-led cases and participatory cases regarding the use of insurance for illegal fund-raising, that is, using corresponding insurance products to induce parties to purchase insurance, thereby illegally raising funds. In addition, the specific sentencing will be The standards have been introduced to everyone.