According to Guangming Network, Pudong police in Shanghai recently successfully dismantled a criminal gang that used "labor recruitment" as a cover to transfer funds for overseas fraud groups. The gang recruited people to register virtual currency wallets, providing illegal fund circulation accounts for fraud activities. On April 13, Mr. Tang received a "cash on delivery" text message and contacted the sender to cancel the express delivery. The other party requested his bank card information and sent a link. After clicking the link and entering his bank card number and verification code as instructed, Mr. Tang discovered that his bank account had been deducted, with a cumulative loss of over 100 million yuan, and he reported it to the police. After receiving the report, the police quickly formed a special task force to investigate and identified the criminal gang led by Miao and Wang. From April 22 to 23, the police conducted a unified crackdown in Qingpu District, arresting 11 suspects.
The investigation revealed that the gang sold virtual currency accounts registered by recruited individuals to overseas fraud elements at a price of 40 to 50 yuan each, for money laundering purposes. Currently, the main suspects Miao and Wang have been criminally detained, and several other suspects have been subjected to criminal coercive measures. The case is still under further investigation, and the police have frozen and recovered part of the involved funds.
