Research On Criminal Risk Of Internet Crowd Funding

Internet Crowd funding is a type of Internet finance that refers to the kind of financing model,that promote creative design or project plans via the Internet for funding for design or projects,and give the fund provider a certain form of return on the and give the fund providers a certain form of return.Based on China's Corporate Law,Securities Law and other relevant laws do not clarify the nature and the code of conduct the InternetCrowd funding,resulting in such financial behavior facing a lot of legal risks.First,this papercomb the development of the Internet Crowd funding and the relevant legislation at home and abroad.Secondly,this paper discusses the criminal legalliabilityabout the participants according to the relevant laws.Specifically,participantsincluding project sponsors,platform,fund supporters,their specific activities are likely to constitute an offense of unauthorized issuance of shares,companies,corporate bonds,and illegal absorption of public deposits.Therefore,this paper argues that,the risk of accountability for the participants of the Internet Crowd funding is largely due to delays in legislation in financial and criminal area.In order to properly control the above-mentioned criminal legal risks,it should adjust the corresponding legislation and judicial,so as to promote the healthy development of the new financing model,the Internet Crowd funding.