Wugong County police dismantled a "industrial chain" involved in fraud and money laundering, with the amount involved exceeding 50 million yuan

ChainCatcher news, according to reports from Xi'an Public Security, recently, the Public Security Bureau of Wugong County, Xi'an City, Shaanxi Province, conducted an in-depth investigation into a "card-related" case, dismantling a "industrial chain" that provided money laundering services for telecom fraud crimes within the country. Criminal coercive measures were taken against 18 individuals, 13 were administratively dealt with, 70,000 yuan in cash was recovered, and more than 70 mobile phones and bank cards involved in the case were seized.

It is reported that overseas fraudsters organized and contacted a "money laundering" gang led by Wang Mouxing and Liu Mou through online social software to transfer fraud funds for overseas fraud groups through methods such as offline cash withdrawal, online virtual currency trading, and fake online shopping platforms. Victims are spread across provinces and cities including Shaanxi, Shandong, Gansu, Hebei, Jilin, Jiangsu, Beijing, Guangxi, and Fujian, with the amount involved exceeding 50 million yuan. The case has now been transferred for review and prosecution.