Inner Mongolia uncovered a virtual currency platform pyramid scheme involving more than 2 billion yuan

The Economic Investigation Brigade of the Yuanbaoshan District Public Security Bureau of Chifeng City, Inner Mongolia uncovered a pyramid scheme case on a virtual currency platform. The platform was suspected of using virtual currency to implement pyramid schemes. After investigation, it was found that the virtual currency platform was a pyramid scheme that was based in Beijing and catered to the whole country, with a strict organizational structure and novel criminal methods. As of the incident, the total number of registered members on the platform has reached more than 18,000, involving 13 provinces and cities, with transaction turnover of more than 2 billion yuan. With the strong support and assistance of the Economic Investigation Brigade of the Public Security Department and the Economic Investigation Detachment of the Municipal Bureau, the Economic Investigation Brigade of the branch successfully persuaded two absconding economic crime suspects to surrender. Relevant cases are currently under further investigation. (Chifeng Public Security Bureau)