PANews reported on October 15 that the CCTV official account published an article exposing the details of the special case against the Weijia criminal group in Kokang, northern Myanmar. It was disclosed that the Weijia criminal group's Weisheng Park chose the electronic fraud industry with the help of some so-called "financial investment and financial management" technologies, and used the so-called "trust funds" or "blockchain projects" and other concepts as financial disguises to commit fraud.
It is reported that the police officers of the task force learned through inquiries that with the help of fraudulent technology, the profit from a single betting can reach over 100 million yuan, and "tens of millions is a small betting in Myanmar." Zhang Hanyi, deputy director of the Public Security Bureau of Quanzhou City, Fujian Province, said that the amount of fraud involved has been clarified to be nearly 6 billion yuan, and the turnover of opening casinos is about 10 billion yuan, and "what has been clarified now is only a part of it, and it is impossible to clarify all of it because of the objective conditions abroad."
