深潮TechFlow|May 16, 2026 09:03
[Ministry of Public Security Criminal Investigation Bureau: Online Fraud Targeting Minors, Proceeds Transferred Abroad via Virtual Currency]
Deep Tide TechFlow reports that on May 16, the Ministry of Public Security Criminal Investigation Bureau published an article on its official WeChat account titled 'Beware of Online Fraud Targeting Minors.' The article revealed a new type of online fraud chain characterized by 'game traffic diversion + impersonating law enforcement + virtual currency laundering.' Criminals post advertisements on gaming and social platforms to lure minors into adding them as friends. Using intimidation and other tactics, they extract funds from parents' accounts. The illicit proceeds are split and withdrawn through black and gray market platforms, then used to purchase virtual currency. These virtual currencies, unrestricted by geographical boundaries, can silently flow back to overseas fraud hubs, achieving a 'physical separation' for cross-border fund transfers.
The Ministry of Public Security Criminal Investigation Bureau reminds the public that law enforcement agencies will never handle cases online, never intimidate with deductions, and never request passwords or verification codes.
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