PANews reported on May 16 that according to Red Star News, on May 15, Sichuan Public Security released 10 typical cases of economic crimes, including the "2•6" illegal operation (foreign exchange) case. In this case, since August 2021, Fan, He, Chen and others have successively set up studios and technology consulting companies in Chengdu, using social networking software to conduct targeted traffic to target customers, colluding with domestic agents of foreign exchange institutions, and providing illegal cross-border RMB exchange business through overseas gift card cashing and virtual currency counter-trading, involving a total amount of more than 3.9 billion yuan. The case successfully arrested 21 criminal suspects, and the investigation was concluded in December 2024 and transferred for review and prosecution.
Sichuan Public Security Bureau released a typical case: a gang illegally operated foreign exchange through virtual currency arbitrage and other means, involving more than 3.9 billion yuan
Share to:
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
