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According to news from PANews on June 13, according to The Paper, on June 13, the Supreme Procuratorate released the forty-fourth batch of guiding cases. The Supreme People's Procuratorate introduced that in recent years, procuratorial organs have actively participated in the battle to prevent and defuse major risks, special rectification of Internet financial risks, and crackdown on pension fraud. Severely punish new types of illegal fund-raising in areas such as online lending, private equity funds, pensions, and blockchain in accordance with the law, and supervise the handling of 43 major cases in conjunction with relevant departments. Since 2018, more than 110,000 people have been prosecuted for illegal fund-raising cases.


The Supreme People's Procuratorate stated that in the next step, the procuratorial organs will actively adapt to the reform requirements of the financial regulatory system and mechanism, improve the financial procuratorial working mechanism, strengthen communication and cooperation with the public security organs, financial regulatory departments and other relevant departments, and improve the dispatched procuratorial organs in the procuratorial office of the China Securities Regulatory Commission. The working mechanism should focus on solving difficult problems such as guiding evidence collection, recovering stolen goods and recovering damages, and two-way connection between executions, and strengthening the joint efforts to prevent and resolve financial risks. In addition, we will focus on punishing illegal fundraising, defrauding loans, money laundering, securities and futures crimes, etc., and pay more attention to the trend of crimes related to financial "innovation" and financial black and gray industries in the name of financial "innovation", and increase criminal punishment and recovery of stolen goods. Perform duties with high quality and efficiency to better help prevent and resolve financial risks.
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