China's Shanxi police cracked down on a USDT money laundering criminal gang and arrested 7 people

BlockBeats news, on September 23, according to the Heshun Public Security Bureau, the Criminal Investigation Brigade of the Heshun County Public Security Bureau successfully cracked down a criminal gang that specializes in defrauding victims of fraudulent funds, withdrawing cash and using USDT for money laundering after careful investigation.

In early September 2024, Zhao Moumou in the jurisdiction was defrauded of 50,000 yuan by someone pretending to be a government employee, and the funds were directly withdrawn from a bank in Chongqing. The police in charge of the case retrieved a large number of bank monitoring and inquired about transaction records, and found that the criminal suspect used the "customer" to buy a car and apply for a loan. After obtaining the "customer's" bank card information, it was sent to overseas fraudsters through Telegram. After the victim's defrauded funds were transferred to the "customer's" bank account, they lied to the "customer" that they needed to withdraw cash to the car dealer. After receiving the fraudulent funds transferred by the "customer", they immediately converted the fraudulent funds into USDT and transferred them overseas. The gang involved more than 10 cases in Beijing, Shanghai, Anhui and other places.

With the strong support of the Criminal Investigation Brigade of the Municipal Bureau and the Network Security Brigade of the County Bureau, the police officers in charge of the case gradually mastered the complete structure and criminal evidence of the criminal gang that used USDT to launder money, and locked down the identity characteristics and scope of activities of the criminal suspects responsible for withdrawing the fraudulent funds.

The police officers in charge of the case carried out arrest operations in Chongqing, Henan and other places at the same time, arrested a total of 7 criminal suspects, seized a vehicle involved in the case, 10 mobile phones, 1 banknote detector, and more than 37,000 yuan in cash. The case is under further investigation.