Zibo police cracked a major "killing foreign plate" telecom network fraud case involving a fake digital currency platform called MIT

According to Chain Catcher news and reports from the Zibo Court Online, the Zibo Intermediate Court publicly announced the second-instance verdict on the fraud case involving appellants Wang Hui, Zhu Jin, and others, ruling to dismiss the appeal and uphold the original judgment. Thus, a major "Killing Foreign Plate" foreign-related telecom network fraud case has come to an end, with 30 fraud criminals being severely punished by law.

Previously, the Zibo Public Security Bureau cracked a major "Killing Foreign Plate" foreign-related telecom network fraud case involving the fake digital currency platform "MIT." The suspects disguised themselves as successful individuals such as "rich beauties" and "wealthy handsome men," gradually gaining the trust of foreign female victims by adding them as friends. They lured foreign victims to invest in the "MIT" fake digital currency platform with promises of high returns and guaranteed profits. After the victims received a small amount of "investment returns," they were enticed to continuously increase their investment amounts. The suspects then manipulated the backend system to cause the virtual currency that the victims had invested to crash, thereby illegally taking possession of the victims' property. This type of criminal activity, which specifically engages in foreign-related telecom network fraud, is commonly referred to as "Killing Foreign Plate." (source link)