PANews October 27 reported that according to the Criminal Investigation Bureau of the Ministry of Public Security, the illegal organization 'China International Plum Blossom Association' implemented fraud using high pension returns as bait. Zhejiang police arrested 212 suspects including the mastermind and members of the fraud gang. Investigations revealed that since July 2022, suspect Guo solicited Cheng, Zhang, Meng, and others, forged official documents from state agencies, established the illegal organization 'China International Plum Blossom Association,' fabricated the 'Zhou Haiqing Elderly Pension' national asset unfreezing fraud project, and recruited team members through social networking tools. They adopted a hierarchical management method, using high pension returns as bait to recruit participants nationwide, collecting fees under the names of 'membership fees,' 'venue fees,' 'documentation fees,' 'personal income tax,' etc., laundering proceeds through virtual currencies and illegally profiting, with confirmed case funds exceeding 58 million yuan. The case is still under further investigation.
On October 25, the Ministry of Public Security held a special press conference in Beijing to report on the effectiveness of the national public security agencies' measures to combat and rectify ethnic asset unfreezing fraud crimes. In February of this year, the Ministry of Public Security deployed all national public security agencies to carry out a special action against ethnic asset unfreezing fraud crimes. To date, 574 related cases have been solved, 247 criminal gangs have been dismantled, 4,385 suspects have been arrested, and funds involved totaling 12.95 billion yuan have been identified.