互联网股权众筹的刑法规制研究

On the Criminal Regulation of Internet Equity-based Crowd-funding

众筹已经成为当今社会重要的经济发展点,在众筹多种形式下,互联网股权众筹作为一种新兴的融资方式,受到了广泛的关注。但是相关制度未能及时跟进,造成司法实践过程中刑法对此种金融创新方式的阻滞。在改革的过程中,一方面应谨慎适用擅自发行股票罪、集资诈骗罪、非法吸收公众存款罪,另一方面应将刑法治理和其他治理手段结合,以期实现社会财富充分涌流和社会秩序维护的统一。

Internet equity-based crowd-funding has received extensive attention as an new financial mode.But related system fails to manage it.On the one hand,the crime of issuing stock without authorization,crime of fraud in financing and the crime of fraud of the illegal absorb public deposits should be cautiously used in the process of reforming.On the other hand,criminal law should be combined with other means of governance.