illegally raise funds meaning in English
非法集资
Examples
- Article 175 any unit that issues securities without verification or examination and approval by the statutory authority or that issues securities by forging issuing documents shall be ordered to cease issuance and refund the funds thus raised , together with bank deposit interest for the same period , and shall also be fined not less than 1 percent but not more than 5 percent of the amount of the illegally raised funds
第一百七十五条未经法定的机关核准或者审批，擅自发行证券的，或者制作虚假的发行文件发行证券的，责令停止发行，退还所募资金和加算银行同期存款利息，并处以非法所募资金金额百分之一以上百分之五以下的罚款。