Beijing police crack cross-border telecom fraud case, impersonating police to induce international students to transfer funds and exchange for USDT, freezing 780,000 yuan in involved funds

PANews reported on September 27 that Beijing Shijingshan police recently successfully intercepted a new type of cross-border telecom fraud case, freezing 780,000 yuan in involved funds and returning them to the victim. In the case, 53-year-old Mr. Liu received an overseas fraud call while accompanying his child studying abroad. The scammers impersonated domestic police, fabricated a false case alleging he was suspected of money laundering, and induced him to urgently ask his family in China for money to transfer. The funds were subsequently transferred to the accounts of two other overseas Chinese international students. Investigation found that the three were all victims of the same fraud ring, showing the characteristics of "one case, multiple victims; victims serving as each other's money-laundering tools." The scammers first transferred funds into some victims' accounts, then coerced them into exchanging for USDT to assist in the transfer, with strong concealment and complex cross-border links. Police patiently persuaded and successfully "awakened" the victim, avoiding greater losses.