Sichuan Public Security Bureau released a typical case: a gang illegally operated foreign exchange through virtual currency exchanges and other methods, involving more than 3.9 billion yuan
According to online reports, according to Red Star News, on May 15, Sichuan Public Security released 10 typical cases of economic crimes, including the "2·6" illegal business (foreign exchange) case. In this case, since August 2021, Fan, He, Chen and others have successively set up studios and technology consulting companies in Chengdu, using Social networks software to conduct targeted drainage to target customers, colluding with domestic agents of overseas exchange institutions, and cashing out through overseas gift cards. It provides illegal cross-border RMB exchange services through virtual currency exchanges and other methods, involving a total amount of more than 3.9 billion yuan. 21 suspects were successfully arrested in the case, and the investigation was completed in December 2024 and transferred for review and prosecution.
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