Odaily Planet Daily News: The Fujian High Court has announced typical cases of combating and managing new types of telecom network crimes. Among them, the Longyan city court lawfully adjudicated a major cross-border telecom network fraud case, where the public security authorities seized cash involved and a large number of houses, cars, gold, luxury watches, virtual currencies, and other valuables amounting to nearly 200 million yuan. The court has ruled that the total fines imposed in the case amount to over 51.67 million yuan, and has intensified property enforcement efforts, with fines, compensation, confiscation, and other property rulings executed totaling 69.2158 million yuan. For the assets obtained by the defendant through fraud, the court has lawfully ruled their return to the victims. In addition, in another telecom network fraud case, between April 2019 and June 22, 2020, the defendant He gathered dozens of people to successively establish 'Zhangjing Tianxia Company' and 'Fujian Quanzhou Hongbao Le Electronic Technology Co., Ltd.' in Quanzhou City, engaging in telecom network fraud activities targeting foreign investors in Bitcoin. The first-instance court sentenced each defendant to fixed-term imprisonment ranging from twelve years and six months to one year and six months, and imposed fines ranging from one million yuan to eight thousand yuan.

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