PANews|3月 29, 2026 08:22
[Hunan Police Uncover New Investment Fraud Scheme Involving Virtual Currency 'Gold and Cash Exchange,' Seize 310 Grams of Gold]
According to the official WeChat account of Ping An Tianjin Binhai, police in Chenzhou, Hunan, have cracked a new investment fraud case involving virtual currency under the guise of 'gold and cash exchange.' They intercepted seven fraudulent gold parcels and seized 310 grams of gold. Through investigation, authorities discovered that the intercepted packages were part of a scheme where criminals, under the pretense of investment and financial management, lured victims into purchasing gold offline and then mailing it to designated addresses. The illicit proceeds were then laundered through multiple transactions involving virtual currency exchanges and overseas account transfers. Police warn that 'gold and cash exchange' has become a new form of investment fraud. The 'gold and cash' refer to gold and cash, which are traps set by fraudsters. The seized gold is currently being returned to the victims, and the case is under further investigation.
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