When you pool money from others for a business, approach only relatives, friends and employees in person; don't openly recruit investors in WeChat Moments or group chats, and don't have relatives and friends go out recruiting more people for you

In plain words

Borrowing money from relatives, friends and employees, or pooling shares with them, is not itself against the law. What is against the law is advertising publicly, taking money from people you don't know, and promising to return the principal with interest or to pay returns. Receiving 1,000,000 (100万) CNY, or taking money from 150 people, is enough for a sentence, starting at up to 3 years. If the money was used in a proper business and was all returned before prosecution, criminal punishment may be waived.