[Zhejiang police cracked the "China International Plum Blossom Association" fraud case involving virtual currency money laundering, involving more than 58 million yuan] Golden Finance reported that the Ministry of Public Security held a special press conference in Beijing on October 25 to report the effectiveness of the special action measures deployed by the Ministry of Public Security to crack down on and rectify ethnic asset unfreezing fraud crimes by public security organs across the country. Zhou Qiancheng, captain of the Criminal Investigation Brigade of the Ningbo Public Security Bureau of Zhejiang Province, introduced that the Ningbo Public Security Bureau discovered that local residents were participating in the "China International Plum Blossom Association" ethnic asset unfreezing fraud project at the beginning of this year. After investigation, the criminal suspects set up an illegal organization "China International Plum Blossom Association" with high pension returns as bait to develop people from all over the country to participate, and collected fees in the name of "membership fees", "venue fees", "certificate fees", "personal income tax", etc., using virtual currency to launder money and illegally profit. It has been found that the funds involved are more than 58 million yuan. At present, the case is still under further processing.
