A man in Quanzhou bought U online, fantasizing about getting rich by speculating in cryptocurrencies, but was cheated out of 150,000 yuan

Not long ago, when Mr. Li was browsing web information, he was attracted by a post about virtual currency and took the initiative to contact the poster of the post. At the request of the other party, Mr. Li downloaded a social APP and logged into the APP using the mobile phone number provided by the other party to exchange information about virtual currency.

After learning that the other party had a special channel to buy USDT virtual currency at a low price, Mr. Li was very tempted and transferred 150,000 yuan to the other party's bank account through bank transfer to buy USDT virtual currency. Before the virtual currency arrived, Mr. Li found that he could not only log in to the APP, but also could not contact the other party. Mr. Li, who realized that he had been cheated, immediately called the police.

On the evening of May 15, after receiving Mr. Li's report, the police of Hubin Police Station immediately launched an investigation and, in conjunction with the Telecom Network Crime Investigation Brigade, immediately conducted inquiries, stop payments, and freezes on the bank accounts involved in the case. Before the fraudsters could transfer the money, the police intercepted and stopped the payment of 150,000 yuan in full, successfully recovering all the losses for Mr. Li.

The police conducted in-depth research on the bank accounts involved in the case and arrested three suspects, Shi, Liu and Huang, in Fuzhou City on May 17. At present, the three suspects have been taken criminal compulsory measures in accordance with the law, and the case is being further handled.

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