Core Viewpoint - The current situation of illegal fundraising crimes remains severe and complex, with both online and offline methods being utilized, and new types of cases emerging that exploit market trends such as blockchain and virtual currencies [1][6]. Group 1: Legal Measures and Actions - The Supreme People's Procuratorate has intensified efforts to combat illegal fundraising, focusing on key areas such as private financing, pensions, agriculture, and virtual currencies, while also enhancing the prosecution and asset recovery processes [2][3]. - A mechanism for collaboration between the Supreme People's Procuratorate and the National Financial Regulatory Administration has been established to strengthen information sharing and risk analysis [3][8]. - The prosecution has adopted a "high-quality and efficient" approach to handling cases, ensuring that asset recovery is integrated throughout the judicial process [4][5]. Group 2: Technological Integration - The integration of technology in judicial processes has been emphasized, with initiatives such as the development of data-sharing platforms and analytical models to enhance the efficiency of handling illegal fundraising cases [7][8]. - Various local procuratorates are leveraging big data and artificial intelligence to improve case management and risk identification, thereby increasing transparency and public satisfaction [7][8]. Group 3: Public Awareness and Education - Continuous legal education and public awareness campaigns are being conducted to enhance the public's ability to identify and prevent financial risks, particularly during designated promotional months [3][4]. - The prosecution is committed to using case studies to illustrate the risks associated with illegal financial activities, thereby fostering a culture of legal compliance and financial literacy among the public [3][4].

Group 1 - The event "Su City Discussion on Prosecution: Anti-Fraud Pioneer" was held by the Suzhou People's Procuratorate, focusing on combating telecom fraud and protecting citizens' financial security [1] - The Suzhou procuratorial authorities have intensified efforts to combat telecom fraud, focusing on changes in crime patterns and enhancing the protective measures for the public [1][2] - The event featured stories from five prosecutors detailing various successful cases, including cross-border telecom fraud and significant recovery of funds for victims [1][2] Group 2 - In 2023, Suzhou received over 500 telecom fraud suspects transferred from Myanmar, with rapid legal actions taken within seven days, establishing a replicable model for other jurisdictions [2] - The Taicang case highlighted the recovery of over 4 million yuan from the main suspect's residence, marking it as the largest single recovery in recent years for cross-border fraud [2] - The Suzhou Industrial Park Prosecutor's Office has implemented measures to combat recruitment scams, including embedding fraud detection in job platforms [2][3] Group 3 - The anti-fraud center analyzed new scams such as "AI face-swapping" and "order washing," while prosecutors collaborated with police to launch public awareness campaigns [3] - Local representatives expressed support for the prosecutorial efforts against fraud, emphasizing the importance of collaboration to protect citizens' finances [3]

Core Viewpoint - The article emphasizes the ongoing challenges and complexities in combating illegal fundraising activities in China, highlighting the need for enhanced legal measures and collaborative efforts among regulatory bodies to protect investors and maintain financial stability [1][2][3]. Group 1: Current Situation of Illegal Fundraising - The illegal fundraising crime situation remains severe and complex, with both online and offline methods being utilized, and traditional and new techniques intermingling [1]. - Major illegal fundraising models include private investment, pension schemes, and emerging sectors like blockchain and virtual currencies [1][2]. - The Supreme People's Procuratorate is actively pursuing significant illegal fundraising cases and enhancing the prosecution and asset recovery processes [2]. Group 2: Legal and Regulatory Measures - The article discusses the establishment of a working mechanism between the Supreme People's Procuratorate and the National Financial Regulatory Administration to strengthen information sharing and collaborative efforts [3]. - There is a focus on enhancing legal frameworks and mechanisms for asset recovery, including the use of civil and criminal methods to maximize restitution for victims [2][4]. - The article highlights the importance of legal education and public awareness campaigns to improve risk prevention capabilities among the general public [3]. Group 3: Technological Integration in Legal Processes - The article mentions the integration of technology in legal processes, such as the use of big data and artificial intelligence to enhance the efficiency of handling illegal fundraising cases [6][7]. - Various local procuratorates are developing data analysis tools to identify high-risk entities involved in illegal fundraising activities [7]. - The emphasis is placed on the need for continuous adaptation to new financial technologies and methods to effectively combat evolving illegal fundraising tactics [6][7].