Study On The Criminal Risk Of Internet Equity Crowdfunding

Internet equity-based crowdfunding can be used to solve the problems such as the financing difficulty of micro,small and medium-sized enterprises and excessive private capital,which is a novel financing mode significantly different from the traditional one and provides important guarantee for solving the financing difficulty of micro,small and medium-sized enterprises.However,it also exists with multiple risks,especially the subjects involved in internet equity-based crowdfunding may face various criminal risks.Nowadays,with the continuous innovation of Internet technology and the continuous rise of micro,small and medium-sized enterprises,internet equity-based crowdfunding has attracted extensive attention from the society.This paper will center on the criminal risks existed in internet equity-based crowdfunding for research and discussion.In Part ?,the research background of internet equity-based crowdfunding is introduced simply,the concept and main characteristics of internet equity-based crowdfunding are researched.Compared with the traditional crowdfunding mode,internet equity-based crowdfunding is characteristic by popularity,petty sum,high risk and openness.Deep research on the main characteristics of internet equity-based crowdfunding can be helpful for grasping the particularity of internet equity-based crowdfunding thus to understand the operation mode of equity-based crowdfunding.In Part ?,the criminal risks faced by the subjects involved in internet equity-based crowdfunding are expounded from three perspectives including project financier,crowdfunding platform and investor.In internet equity-based crowdfunding,financiers attract investment by aid of the shareholder identity and shareholder return,but open equity financing or investment fund raising without approval may involve the crime of issuing stocks and corporate bonds without authorization.And the crowdfunding platforms may be involved in the crimes of establishing financial institutions without authorization and illegal fund raising easily.For investors,they are most likely to be involved in criminal liability,that is the crime of money laundering.In Part ?,the reasons for criminal risks are explored,and the risk prevention and control mechanism for internet equity-based crowdfunding is demonstrated so as to reduce the criminal risks effectively,leave some things undone and do things in a measured way.In Part ?,corresponding suggestions and opinions are proposed for the development of internet equity-based crowdfunding in China.Same to the traditional equity-based crowdfunding mode,internet equity-based crowdfunding exists with certain criminal risks.In order to promote the development of internet equity-based crowdfunding better,corresponding measures must be taken based on the reasons for the criminal risks so as to realize its healthy development.Firstly,strengthen the legal awareness of right protection of internet equity-based crowdfunding subjects.Secondly,standardize the internet equity-based crowdfunding platform further.Thirdly,improve the relevant financial supervision system of internet equity-based crowdfunding platform.In the supervision process,it is needed to strengthen cooperation with relevantlaw-enforcing department and legislative department,we are supposed to punish relevant criminal activities severely and reduce crimes to some extent.Finally,improve the prevention and control of criminal law on the criminal risks of equity-based crowdfunding.From the perspective of criminal law,it is needed to standardize internet equity-based crowdfunding,realize improvement of legislation and increase relevant legal provisions combined with the current development situation of internet equity-based crowdfunding platform and the current economic development level,and avoid excessive intervention of criminal law.On the basis of prevention and control on the criminal risks existed in internet equity-based crowdfunding platform,promote the flourish development of internet equity-based crowdfunding platform so as to inject new vitality continuously to the economic development of our country.