非法集资

非法集資
fēifǎ jízī
noun

Meanings

  1. 1 illegal fundraising
  2. 2 unlicensed solicitation of public funds (a criminal offense)

Examples

Zhèjiā P 2 P píngtái shèxián fēifǎ jízī.
This P2P platform is suspected of illegal fundraising.
Fēifǎ jízī shòuhàizhě wéiquán kùnnán.
Victims of illegal fundraising schemes have a hard time recovering their money.

Tips

culture
Specific crime under PRC Criminal Law art. 176 & 192, usually referring to Ponzi schemes and unlicensed P2P lending. Collapsed platforms like and 金融 produced the phrase's current news-headline prominence.

Stroke Order

fēi