The Shanxi police smashed a "money laundering" criminal gang that used gold and virtual currency to sell stolen goods, involving a total of 135 million yuan

Odaily Planet Daily News According to the CCTV News Client, recently, the police in Taiyuan, Shanxi Province started from a clue of a large gold transaction and eliminated a criminal gang that used gold transactions to provide "money laundering" services for electronic fraud criminal gangs. So far, a total of 15 criminal suspects have been arrested, involving more than 127 telecommunications network fraud cases across the country, with a total turnover of 135 million yuan. It was discovered in accordance with the law that the criminal gang was headed by Deng. Since early February 2023, it had begun to undertake overseas electronic fraud and online gambling fund "money laundering" business. The gang is divided into a fund receiving group, a checking group, a card swiping group, a money transfer group, a currency merchant group, and a stolen goods selling group. After Deng contacted the "money laundering" business of overseas electronic fraud gangs, he contacted "card dealers" to find "card farmers" to receive stolen money from overseas electronic fraud and online gambling; the gang went to major gold stores to look for those with large amounts of gold in stock. The gold store; then the card transfer team and the cardholder swipe the card to buy gold, and then choose a relatively hidden public place to hand over the gold to the gold carrying team; the "gold carrying person" transfers the gold to Shenzhen and then hands it over to the "coin dealer"; The dealer handed the stolen goods to sales personnel to sell the stolen goods, and converted the stolen goods sales funds into virtual currency and handed it over to Deng. Finally, Deng transferred the virtual currency to an overseas electronic fraud group. In order to avoid crackdowns by the public security organs, Deng communicated with overseas uplines and domestic downlines through single lines of overseas chat software, and used virtual currency for settlement. The police have frozen and seized 3.479 million yuan of funds involved in the case, and seized two cars, more than 30 mobile phones used in the crime, 13 mobile phone cards, and 9 POS machines. Currently, 13 criminal suspects including Deng, Xie, and Ni have been transferred by the police for review and prosecution in accordance with the law on suspicion of concealing criminal proceeds and criminal proceeds. Han and Zhang have been transferred to the local police.