According to the Beijing Evening News, a woman in her sixties in Beijing impersonated a 20-year-old woman who was a staff member of a "central ministry" and had an online relationship with a man. She fraudulently obtained 200000 yuan on the grounds of studying abroad or her family falling ill. The woman invested all her funds in virtual currency trading, but due to the market downturn, her position was liquidated and all her funds were lost. The Haidian Court sentenced him to 4 years in prison for fraud, imposed a fine, and ordered him to compensate the victim for their economic losses.
