The Comparison And Transformation Problem About Crime Of Fraud In Financing And Crime Of Illegal Absorb Public Deposits

In 2013, the largest domestic payment platform, AliPay, promoted the first real-time financial management platform “balance treasure” and it became popular rapidly. Since then, various fortune companies and p2 p COMPANIES ACORSS China rapidly promoted various “XX treasure” to seize a share in the business opportunity of financial management sector. However, at the end of 2015, “Ezubao” which had enjoyed great popularity in China failed to pay a large quantity of customers’ principal and interest. Such exposed the suspected illegal fund-raising affair of “Ezubao” and the judicial office had involved in the investigation… Except the “Ezubao” case, from the end of 2015 to the beginning of 2016, increasingly more illegal fund raising crimes are reported in the media news and entered the public sight. Among them, most typical crimes are “Crime of illegal absorbing public deposits “and “crime of fraud in financing”. These two crimes usually involves huge amount, numerous victims and mass criminals, being tend to trigger the social contradictory of group. Therefore, their social harmfulness is huge. Besides, the objective presentations of these two crimes cross with each other and sometimes they transform to the other within the process of commission of crime and within certain time session Therefore, this paper sets to compare the seminaries and differences between them in theory and practice, analyze the transformation issue of them in theory and practice. The author tends to study the difference of these two crimes in the legal theory. Based on the empirical data collected by the author and the analysis on the collected case, the author gets some conclusions related to the above mentioned issues.