The Ministry of Public Security website has released '20 Anti-Fraud Keywords from Public Security Agencies', which indicates that the Criminal Investigation Bureau of the Ministry of Public Security has analyzed recent electric fraud cases and summarized 20 anti-fraud keywords based on various local early warning and persuasion experiences. These include 'virtual currency', 'credit repair', 'unknown links, QR codes', and 'aiding behavior'.
It states that currently, using virtual currency for money laundering has become one of the common methods for criminals to commit fraud and transfer funds.
Fraudsters often set up fake platforms under the guise of 'virtual currency investment and wealth management', luring victims to invest, and posing as 'currency merchants' to guide operations under the pretext of online trading risks, thus defrauding them of their money.
The police particularly remind that virtual currency transactions are not legally protected, and so-called 'virtual currency investment and wealth management' is mostly fraudulent.
