Golden Finance reported that on June 12, 2024, the Shanghai People's Procuratorate released the "2023 Shanghai Financial Prosecution White Paper". The "White Paper" shows that in 2023, Shanghai's financial crime cases and the number of people involved in the cases will continue to show a slight downward trend from a high level. Illegal fundraising crimes account for 70% of financial crimes. New financial investment fraud crimes show a double "upgrade" of fraud names and methods. Crimes of manipulating the securities market have become the main type of securities crimes. Financial fraud cases in key links occur from time to time. Foreign exchange and illegal payment and settlement crimes are refurbished. The risk of using "virtual currency" to transfer assets across borders is prominent. (CCTV News)