Beijing Fengtai police cracked a virtual currency pyramid scheme case

Beijing Daily disclosed that the Fengtai police in Beijing recently cracked a case of virtual currency organization and pyramid scheme leadership. In this case, the public security department investigated and found that the reporter himself was the suspect. Xie, who was idle at home, hoped to make money through investment and had been looking for "opportunities" to make money quickly. Through a friend's introduction, she joined an organization called "Hua Mou Hui" and invested by purchasing virtual currency. After making a profit from a small investment in the early stage, she invested 2 million yuan of her family savings, but failed to receive a refund. After being trapped, Xie began to "recruit people" according to the requirements of the pyramid scheme organization, and received commissions and dynamic dividends at each level, making him a backbone member of the pyramid scheme organization in Beijing, and developing 9 levels of downlines, involving more than 300 people. As the investment platform collapsed, Xie faced debt collection from downline investors and chose to call the police.