Changsha police in Hunan cracked a virtual currency fraud case that impersonated the name of "China Grain and Oils Reserves"

Changsha police issued a statement saying that the Litu Police Station of Yuhua Public Security Bureau of Changsha, Hunan cracked a case of fraud in virtual currency under the name of "China Grain and Oils Reserves". The suspect in the case was arrested when he was preparing to transfer cash. He was also arrested on the Internet. 100,000 yuan of cash was seized by a victim on the spot. The public security organs are further investigating other criminal facts and where the fraudulent funds were taken.