The police in Jilin and Liaoning, China, worked together to recover 500,000 yuan in a cryptocurrency fraud case in 7 hours

BlockBeats news, on August 9, according to the Liaoshen Evening News, with the joint efforts of the police in Shenyang and Changchun, a suspect in a telecommunications fraud case, Yu, was arrested in just 7 hours. The suspect defrauded 500,000 yuan in cash from Ms. Lu in Shenyang. At present, the 500,000 yuan in fraudulent money has been returned to the victim, Ms. Lu.

In early July, Ms. Lu (pseudonym) met a man online. The other party quickly won Ms. Lu's favor. The two parties soon established a romantic relationship. The "boyfriend" claimed to be investing in virtual currency and persuaded Ms. Lu to participate many times. At first, Ms. Lu was unmoved until the other party posted a screenshot of the high return. At about 6 pm on July 22, Ms. Lu withdrew 500,000 yuan in cash from the bank according to the "boyfriend's" request and handed it to the "investment manager" found by the "boyfriend". Later, not only did the "virtual currency" not arrive, but the "boyfriend" also suddenly lost contact. She immediately called the police.

The Danan Police Station of the Shenhe Public Security Bureau in Shenyang City took quick action and locked in the "investment manager" Wang. At about 10 pm that day, the police arrested the suspect Wang near Shenyang North Station, but Wang only had 20,000 yuan in cash.

It turned out that "investment manager" Wang was an assistant hired by Yu. After the crime was successful, Yu gave 20,000 yuan to Wang as a reward. Yu fled to Changchun with 480,000 yuan in stolen money. The police quickly contacted the Changchun police and arrested Yu.

The Changchun police immediately set up control and arrested Yu who was counting money at home at about 1 am the next day, and seized 480,000 yuan in stolen money on the spot.

Currently, the suspects Yu and Wang have been detained by the public security organs in accordance with the law for suspected fraud. The 500,000 yuan in cash that Ms. Lu was defrauded of has been fully returned.