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Beijing Fengtai police cracked a virtual currency pyramid scheme case

Beijing Fengtai police cracked a virtual currency pyramid scheme case

CointimeCointime2024/05/14 12:46
By:Cointime

The Fengtai police in Beijing cracked a virtual currency organization and leading pyramid scheme criminal case. In this case, after investigating, the police found that the reporter was actually the suspect. Xie, who was idle at home, hoped to make money through investment and had been looking for "opportunities" to make quick money. Through a friend's introduction, she joined an organization called "Huamouhui" and invested in virtual currency. After making small profits from small investments, she invested 2 million yuan from her family's savings, but did not receive any returns. After being trapped, Xie began to "recruit" people according to the requirements of the pyramid scheme organization, and gradually received commissions and dynamic dividends, making her a key member of the pyramid scheme organization in Beijing, developing nine levels of downlines, involving more than 300 people. As the investment platform collapsed, Xie faced the debt collection from her downline investors and chose to report to the police. (Baijiahao)

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