Ningbo, China has cracked down on the "Flash Delivery Moutai" fraud case, with the stolen money transferred in the form of Virtual Money.

On August 19, according to the Legal Daily, a remote order "Flash Delivery Moutai" fraud case involving Virtual Money was cracked in Ningbo City, Zhejiang Province, China. The defendant targeted tobacco and liquor stores for fraud, using fake receipts to deceive genuine Moutai and transferring the illicit funds to upstream criminals in the form of Virtual Money. The Ningbo Yinzhou District Prosecutor's Office has filed a public prosecution, and the defendant Zhou was sentenced to one year and six months in prison and fined for concealing and hiding criminal proceeds. The public security authorities are further investigating the upstream fraudsters.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)