Foresight News
Foresight News|Sep 27, 2026 02:04
[Beijing Police Intercept New Cross-Border Scam Involving 780,000 Yuan, Victim Directed to Convert Funds into Virtual Currency] Foresight News reports that Beijing Shijingshan police recently successfully intercepted a new type of cross-border telecom scam, freezing 780,000 yuan in involved funds and returning them to the victim. In the case, overseas guardians and international students were impersonated by fraudsters posing as law enforcement officials, who claimed the victims were 'suspected of money laundering and required to pay bail.' The victims were then coerced and manipulated into transferring funds and directed to use third-party payment platforms to exchange 'U coins' on a certain trading platform, assisting in the transfer of funds. The case exhibited characteristics of 'multiple scams within one case, with victims being used as money laundering tools for each other.'
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