Shaanxi police in China cracked a virtual currency investment fraud case involving 410,000 yuan

According to Shaanxi police reports, the Public Security Bureau of Jingbian County, Yulin, Shaanxi Province successfully cracked a virtual currency investment fraud case and arrested 4 suspects, involving a case value of 410,000 yuan. On July 16, 2024, the victim Wang reported to the police that he was defrauded of 410,000 yuan by someone investing in virtual currency online. After receiving the call, the Criminal Investigation Brigade immediately launched an investigation into the case. Through analysis, judgment, visits and investigations, the identity information and whereabouts of the four suspects were finally determined. On July 23, the investigating police successfully arrested the suspects Zhai and Li in Zhengzhou City, Henan Province. On July 25, the suspects Wang and Li were arrested in Kaifeng City, Henan Province. After investigation, in July 2024, when the victim Wang was chatting with others online, he was recommended to invest in virtual currency on a certain APP to make money. The other party said that he knew the loopholes in the APP system and that the investment was a steady profit. Under the temptation of high returns, Wang invested a total of 410,000 yuan in a certain APP. On July 4, in order to earn virtual currency and make a profit, the criminal suspect Zhai, together with Wang, Li, and Li, drove to Jingbian County and traded with Wang by selling virtual currency, taking away his 410,000 yuan in cash and making a profit of more than 50,000 yuan. At present, the four criminal suspects Zhai, Wang, Li, and Li have been detained in accordance with the law on suspicion of fraud, and the case is under further trial.