Induced victims to invest in virtual currency to defraud 140 million yuan in the first instance of the “509” project concluded

Original title: To induce the victim to invest 140 million yuan in virtual currency fraud

The first instance of the “509” case of the extremely large telecom network fraud case supervised by the Ministry of Public Security has been concluded

Recently, the “509” project of the extremely large telecom network fraud case, which was supervised by the Ministry of Public Security and the Sichuan Provincial Public Security Department has been investigated and handled at a higher level, has been concluded in the first instance.

It is understood that this case is the investment and wealth management telecommunications network fraud case with the largest number of defendants and the most complete criminal chain in the Sichuan court system in recent years.

In February 2021, according to the overall planning and coordination of the Sichuan Provincial Public Security Department, the Sichuan Provincial People’s Procuratorate, and the Sichuan Higher People’s Court, 20 grassroots people’s courts in the 5 cities of Dazhou, Nanchong, Guang’an, Bazhong, and Neijiang in Sichuan Province accepted 49 cases. Launched the “509” series of telecom network fraud projects. After multiple supplementary prosecutions and trial sessions, as of December 17, 2021, 20 basic-level courts have completed the first-instance judgments on 49 cases and 590 defendants.

In the first-instance judgment, 12 defendants sentenced to more than 10 years’ imprisonment, 229 defendants sentenced to 5 to 10 years’ imprisonment, 328 defendants sentenced to 3 to 5 years’ imprisonment, and defendants sentenced to less than 3 years’ imprisonment There were 21 persons, of which 13 were defendants for probation. A total of 590 defendants were fined 69.217 million yuan and 28.2 million yuan of illegal gains were recovered.

Since 2018, Xia Jia (at large), Sun Rongguang (at large), Xia Tao (at large), etc. have recruited personnel through recruitment, introduction and other methods to form a transnational telecommunications fraud group and commit fraud. Among them, Xia Jia used the advertising company set up in Guangzhou to invite and recruit the defendant Zhe Gang and others to the company to engage in “advertising promotion”. Through the design and production of web pages, the promotion of stocks on the Internet and other publicity methods to attract “stockholders” information, Let victims who are willing to invest join the QQ group and WeChat group created by the business department of Xia Jia Fraud Group.

Defendants Liu Fuxinghang, Zeng Weiwei, Luo Zihang, Gong Lei, etc. acted as business department directors, management managers, team leaders and salesmen, and organized business department members to act as “water-speakers” in the group in accordance with the group’s unified training methods and the “words” developed by the group. “Military” or “teacher” with rich investment experience, the “teacher” will explain and recommend stocks in the group. Often only one victim in a chat group is a victim who has the willingness to invest, and the other people who claim to be able to make money by investing with a “teacher” are all “water soldiers” played by salesmen.

The “Water Army” preached that “teachers” invested very well in making money, which convinced the victims. Afterwards, the “teacher” pretended to conduct a live webcast at the request of the “Navy Army” to induce the victim to enter the webcast room opened by the fraud group. Then, the defendants Li Zhaorong, Tang Yulin and others of the lecturer department of the group pretended to be “lecturers” in the live broadcast room and deliberately exposed the virtual currency accounts that made huge profits during the live broadcast to induce the victims to invest in virtual currencies.

Under this series of inducements, the victim began to trust the “teacher”, and followed the guidance of the “teacher” to invest in websites and platforms controlled by the group, and put the funds into the bank account provided by the group. After the victim “funded”, the group used the “teacher” to call out orders to allow the victim to buy and sell virtual currency, with both gains and losses. The group will reassure victims who lose money and make them feel that they are losing money because of market conditions. For victims who are “profitable”, they will continue to lure them to make additional investments. Finally, through the “teacher” deliberately “calling the order” and other methods, the victim “investment loss”, when the victim “loss” as a whole, the fraud group began to “cut off”, refused to withdraw funds from the victim, shut down the platform, and all the salespersons Return the work phone, destroy all data, and eventually embezzle the victim’s funds. After the entire fraud process was over, the group changed locations to continue the fraud.

Defendants Deng Li, Zhou Lin, Chen Yuexian and others in the administrative logistics department of the fraud group participated in the daily management and services of the group throughout the entire process. Deng Li helped pick up the airport, arrange board and lodging, attendance, purchase daily necessities, apply for passports, visas, etc. ; Zhou Lin is responsible for contacting people who obtain customer information, checking and counting the situation of the victims in the chat group, supervising salespersons, etc.; Chen Yuexian is responsible for training salespersons, teaching account opening procedures, introducing platform usage rules, and deposits and withdrawals. Process and other work.

From May 2018 to December 2019, the scam group used the above methods to defraud more than 500 victims in Phnom Penh, Cambodia, Guangzhou, the Philippines and other places, and defrauded more than 140 million yuan in total.

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