PANews reported on March 29th that, according to the official WeChat account of Tianjin Binhai Public Security Bureau, police in Chenzhou, Hunan Province, cracked a new type of investment fraud case involving virtual currency and a "two-gold-for-cash" scheme. They intercepted seven packages containing gold and seized 310 grams of gold. Police investigations revealed that the intercepted packages were used by criminals to lure victims into purchasing gold offline under the guise of investment and financial management, which the victims then had to ship to a designated address themselves. The stolen money was then transferred multiple times through virtual currency exchanges and overseas account transfers. Police warn that the "two-gold-for-cash" scheme has become a new type of investment fraud. The "two golds" refer to gold and cash, and it is a new trap set by fraudsters. The stolen gold is currently being gradually returned to the victims, and the case is under further investigation.