Grape miner
Hello, to determine whether a certain illegal fund-raising is or not, we can't judge it by our own subjective consciousness, but need to analyze it in combination with relevant characteristics. Often illegal fund-raising has the following characteristics:
1. Fund raising without the approval of relevant departments according to law, including those without approval authority; The departments with approval authority approve fund-raising beyond their authority, that is, the fund raiser does not have the subject qualification of fund-raising
2. Promise to repay the principal and interest to the investor within a certain period of time. Besides currency, there are also physical and other forms of debt service
3. Here, the "unspecific target" refers to the public, not the specific minority
4. Cover up the essence of illegal fund-raising in legal form. In order to cover up their illegal purposes, criminals often sign contracts with investors (victims), disguise as normal proction and operation activities, and maximize their ultimate purpose of obtaining funds by fraud

extended data:
the harm of MLM is that it causes serious property losses to participants. The essence of MLM is fraud. It is a trick for a few people to collect money. The vast majority of participants will lose their money or even lose their property
Second, it encourages and inflates some people's mentality of getting rich overnight. By fabricating lies, MLM organizations make many people who are eager to get rich have the illusion that there will be pie in the sky and fall into the trap of MLM
Thirdly, it seriously affects social stability. After being cheated, some participants in MLM have no way to go, resulting in resentment towards the society, gathering people to make trouble, and even leading to criminal cases such as robbery and homicide Fourthly, the impact of social integrity ethics system. One of the important characteristics of MLM is "killing Acquaintances". In order to cheat money, participants do not hesitate to drag their friends, even their parents, spouses and relatives into the "quagmire" of MLM, which leads to a serious decline in trust between people and between people and society, and greatly damages the social integrity and moral system