PANews reported on January 1 that the Fujian High Court's official account published typical cases of combating new telecom network crimes. Among them, the Longyan City trial organ tried a major cross-border telecom network fraud case in accordance with the law. The public security organs seized the cash involved in the case and a large number of houses, cars, gold, expensive watches, virtual currencies, etc. worth nearly 200 million yuan; the procuratorate urged the defendants to return the stolen money and compensate more than 3.62 million yuan; the trial organ increased the application of fines, and the total amount of fines applied in the cases reached more than 51.67 million yuan, and increased the enforcement of property. The fines, compensation, confiscation and other property items have been executed in full for a total of 69.2158 million yuan. The defendant's fraudulent property was returned to the victim in accordance with the law.
In another telecommunications network fraud case, a criminal organization engaged in telecommunications network fraud activities targeting foreigners investing in Bitcoin. They used pre-prepared rhetoric to defraud victims in the United States, Singapore and other countries of their property. It has been verified that the victims were defrauded of a total of more than RMB 7.13 million.