Online shopping of USDT was defrauded, and Hunan police in China helped recover and return all involved funds BlockBeats News: On May 20th, according to Hunan Daily, at around 20:00 on February 9th, the public security organs in Baojing, Hunan Province, China received a police report that a victim from another province, Mr. Liu, had been defrauded. He claimed to have been scammed while purchasing virtual currency USDT online, with a total of 100000 yuan defrauded. After receiving the report, the Baojing County Public Security Bureau dispatched elite police officers to form a special task force and conducted investigations overnight. The police handling the case combined with a variety of investigative methods to finally lock the suspect in Shi. After investigation, the suspect, Mr. Shi, has no fixed income and no qualification for virtual currency trading. In order to cheat money, he collected screenshots of others' coin speculation through the Internet, forged false profit records, and pretended to be a senior "money merchant" to cheat his trust. Mr. Liu, the victim, believed it to be true and transferred 100000 yuan to the designated account of Mr. Shi. After receiving the payment, Mr. Shi did not deliver virtual currency, but instead used some of the funds for gambling and squandering, and the remaining funds were split and transferred for hiding. The investigating police officers accurately analyzed the flow of funds and comprehensively fixed the evidence involved, quickly identified the identity and activity trajectory of Mr. Shi, and decisively launched an attack on the night of reporting the case. They successfully arrested Mr. Shi and launched an investigation into the case in accordance with the law the next day. After the case was solved, the police always adhered to the principle of "equal emphasis on solving the case and recovering the stolen goods and losses", patiently carried out legal policy lectures, actively mobilized the suspect's family members to cooperate in refunding, and ultimately recovered the full amount of 100000 yuan involved in the case. On the morning of May 14th, the 100000 yuan fraudulently recovered in accordance with the law was fully returned to the victim Mr. Liu. At present, the suspect Shi has been taken criminal coercive measures according to law due to his suspected fraud, and the case is under further investigation. [Original link]