According to BlockBeats, on August 30, it was reported by the Global Times that Ms. Zhang from Tianjin was defrauded of over 260,000 yuan this month. The fraudulent funds were withdrawn in Xingguo, Ganzhou. Upon receiving relevant clues, Xingguo police swiftly acted, arresting eight suspects and dismantling a cryptocurrency money laundering operation, seizing 200,000 yuan involved in the case.
Investigations revealed that on August 5, suspect Li Mouyuan from Xingguo County received a call from a loan scam money laundering gang, inquiring if he needed a loan. The gang claimed that Li's account transactions were insufficient and asked him to provide his bank account for money laundering. They also instructed Li to schedule a large cash withdrawal from the bank. Once Ms. Zhang's defrauded funds were transferred to Li's account, he was immediately told to withdraw the money in Xingguo. To avoid suspicion and interception by bank staff, Li falsely claimed that the funds were for paying workers for renovation work.
On August 11, around 1 PM, despite knowing the funds were linked to online criminal activities, Li withdrew over 260,000 yuan from a bank in Xingguo. Meanwhile, the overseas scam gang used a chat tool to coordinate with domestic money laundering gang members Zhu Mouzhe, Fan Mouhui, and Li Moufu, who drove from Yuzhou, Henan to Xingguo for the handover. During Li's withdrawal, gang members followed him into the bank to prevent any mishaps and monitored from a distance to ensure Li did not abscond with the money.
After obtaining the cash, the money laundering gang swiftly returned to Yuzhou, Henan that night and handed the funds to suspect Hou Moupeng, who was part of a cryptocurrency money laundering operation. Hou then converted the stolen 260,000 yuan into virtual currency U and transferred it to a designated cryptocurrency address, effectively laundering the illicit funds.
On August 12, Li was apprehended by police at the bank while handling his account. Despite numerous challenges, the police managed to arrest suspects Zhu Mouzhe, Fan Mouhui, and Li Moufu after extensive efforts. On the night of August 20, they dismantled a cryptocurrency money laundering operation, arresting four suspects, including Hou Moupeng, and seizing 200,000 yuan involved in the case.
JinseFinance