Beijing Police Intercept Cross-Border Fraud, 780,000 Yuan Returned

The Shijingshan police in Beijing successfully intercepted a new type of cross-border telecom fraud, freezing 780,000 yuan involved in the case and returning it to the victims. In this case, overseas guardians and international students were impersonated by fraudsters posing as law enforcement officials, who induced them to transfer money under the pretext of "suspected money laundering, requiring payment for bail." Subsequently, through threats and inducements, the victims were instructed to exchange "U coins" on a certain trading platform via a third-party payment platform to assist in transferring funds. The case exhibits characteristics of "multiple scams within one case, with victims serving as money laundering tools for each other."