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A "Killing Foreign Plate" scam gang in Changsha defrauded 340,000 yuan using Virtual Money, 11 people were convicted.
GateNews
ChainCatcher news, the People's Procuratorate of Yuhua District, Changsha City disclosed a “Pig-butchering scams” case, with 11 people involved all found guilty. The gang defrauded a total of about 340,000 yuan. “Pig-butchering scams” have evolved from traditional “Pig-butchering scams” and specifically target foreigners for fraud. In March 2024, Liu and Li set up a fraud gang in Yuhua District, with clear divisions of labor: 8 salespeople disguised themselves as “financial elite women” on overseas social platforms to identify foreign male targets, using emotional fraud tactics to lure victims into investing in virtual money on a fake platform.
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