An online USDT purchase was scammed. China's Hunan police helped recover and return all the funds involved in the case

Comparative news, according to the “Hunan Daily” report, at around 20:00 on February 9, the Baojing Public Security Bureau in Hunan Province of China received police reports that Mr. Liu, a victim from another province, had been scammed and claimed that he had been scammed when purchasing the virtual currency USDT through the Internet. The total amount of funds defrauded was 100,000 yuan. After receiving the report, the Baojing County Public Security Bureau drew up a competent police force to set up a special task force to investigate the case overnight.

The police handling the case combined various investigation methods to eventually lock down the suspect on Shi. After investigation, the suspect, Shi, had no fixed income or virtual currency trading qualifications. In order to defraud him of money, he collected screenshots of others trading coins through the Internet, falsified false profit records, and impersonated a senior “coin dealer” to defraud him of his trust. The victim, Mr. Liu, believed it and transferred 100,000 yuan to Shi's designated account. After Shi received the payment, he did not deliver virtual currency. Instead, he used some of the funds for gambling and squandering, and the remaining funds were split, transferred and hidden.

The police handling the case quickly locked down Shi's identity and activity trajectory by accurately investigating the flow of funds and comprehensively fixing the evidence involved in the case. They made a decisive attack on the night of the report, successfully arrested Shi and brought him to justice. The case was opened and investigated in accordance with the law the next day. After the investigation of the case, the police always insisted on “putting equal emphasis on solving the case and recovering stolen goods”, patiently publicized laws and policies, actively mobilized the suspect's family to cooperate in the refund of the claim, and eventually recovered the full amount of 100,000 yuan of funds involved in the case. On the morning of May 14, the full amount of the defrauded funds of 100,000 yuan recovered according to law was returned to the victim, Mr. Liu. Currently, criminal suspect Shi has been subject to criminal coercive measures in accordance with the law on suspicion of fraud, and the case is being further investigated.