Incident occurred in Ningdu! Virtual currency investment scam exceeding 800,000, multiple individuals prosecuted!

According to CoinDesk news on April 27, 2023, Lin XXX established a virtual currency investment scam studio in his home in a community in Zhuzha Township, Ningdu County in June 2023. He later recruited more than ten salespeople including Zhou XXX and Hu XXX, and agreed that the salespeople would earn profits based on 20% of the clients' losses.

Lin XXX posted the WeChat and QQ numbers of Zhou XXX and others on a certain trading platform, attracting clients on the platform to engage in virtual currency trading at prices lower than the market trading price, obtaining client information. Zhou XXX and others disguised themselves as 'experts' in virtual currency investment using pre-set scripts and sending fake profit screenshots, inducing clients to enter designated platforms for virtual currency investment, then guiding clients into high-leverage contracts and not setting stop-loss lines, leading clients to incur total losses in one go. According to investigations, from June 2023 to October 2023, Lin XXX and others defrauded multiple victims out of more than 800,000 yuan in total.

Recently, the Ningdu County People's Procuratorate prosecuted Zhou XXX and others for suspected fraud in the Ningdu County People's Court. Follow me for more exciting content! ~$XRP #内容挖矿