According to Foresight News, as reported by Guangming Online, the Shanghai Pudong police recently successfully dismantled a criminal gang that used 'labor recruitment' as a cover to transfer funds for an overseas fraud group. The gang recruited individuals to register virtual currency wallets, providing illegal fund circulation accounts for fraudulent activities. On April 13, citizen Mr. Tang received a text message about a 'cash on delivery' package, and contacted the sender to cancel the delivery. The sender asked him to provide his bank card information and send a link. After Mr. Tang clicked the link and entered his bank card number and verification code as required, he found that funds had been deducted from his bank account, resulting in a cumulative loss of over one million yuan, leading him to report to the police. After receiving the report, the police quickly established a special investigation team to conduct inquiries, identifying a criminal gang led by Miao and Wang. From April 22 to 23, the police conducted a unified operation in the Qingpu District, arresting 11 suspects involved in the case.
Investigation revealed that the gang sold the virtual currency accounts registered by the recruits to overseas fraudsters at a price of 40 to 50 yuan each, which were used for money laundering transactions. Currently, the main suspects Miao and Wang have been criminally detained, and several other suspects have been subjected to criminal coercive measures in accordance with the law. The case is under further investigation, and the police have frozen and recovered part of the funds involved in the case.