Xining police crack down heavily on telecom fraud related to virtual currency, arresting 12 suspects

Odaily Planet Daily reported that the Xining Public Security Bureau has cracked down heavily on the telecom network fraud routine of "pretending to be a grandson". The anti fraud police investigation found that in this type of telecommunications network fraud, scammers use the identities of "grandson" and "grandson's classmate" to call elderly people at home under the pretext of "grandson's car accident", "grandson's drinking accident", "urgent treatment needed", etc. They ask the elderly to keep the money confidential from their families before remitting, and then arrange for "grandson's classmate" to come and withdraw the money. The police conducted a thorough investigation and found that the fraud gang carried out fraud under the identities of "Sun Tzu" and "Sun Tzu's classmates", and arranged for door-to-door cash withdrawal, transfer of money, and no discount or card transfer. Multiple suspects were involved at multiple levels, and ultimately exchanged the money for virtual currency online to illegally transfer the defrauded money. At present, the Chengxi Public Security Branch of Xining Public Security Bureau has successively gone to many places inside and outside the province to arrest 12 suspect, and the case is being further handled.