The police found out that, unlike telecommunications network fraud, this type of fraud involves online sales advertisements for "U coins" that are far lower than the market price to attract investors. When meeting Lin's contact offline, Xiang was responsible for "checking coins" on the spot in front of the victim, that is, opening the mobile phone software to show the victim a large amount of "U coins" balance, and after gaining trust, urged the bank card provided to him to transfer money. When you're done, quickly excuse yourself and leave. After Mr. Li called the police, the police station in the jurisdiction took him back to the station for investigation.
Currently, Xiang and Lin have been criminally detained in accordance with the law, and the case is still under further review.
Related Q&A: What is U Coin? U-coin refers to a virtual currency launched by Sina.com, 1 yuan = 1 U-coin (bank transfer, online payment). For Sina users, U coins can be used to purchase value-added services provided by Sina's reading, financial and other products. Except for this accident, users can generate corresponding points when using Sina U Coin, and users can use their points to participate in all lottery redemption activities on the U Coin Points Channel. 1. Virtual currency refers to unreal currency. Well-known virtual currencies such as Baidu's Baidu coins, Tencent's Q coins, Q points, as well as Shanda's counting coupons, Sina's micro coins (used in micro-games and Sina reading, etc.), Chivalry Yuanbao (used in Chivalry games), Wen Yin (for Lanxue Games), 2013 digital currency popularity, Bitcoin, Litecoin, Infinity Coin, Quark. There are hundreds of digital currencies distributed around the world. The legends of "Bit Gold, Lite Silver, Infinite Copper, and Penny Aluminum" are popular in the industry. According to notices and announcements issued by the People's Bank of China and other departments, virtual currencies are not issued by monetary authorities, do not have monetary attributes such as legal compensation and coercion, are not real currencies, do not have the same legal status as currency, cannot and will not It should be used as currency in the market, and citizens’ investments and transactions in virtual currencies are not protected by law. Second, there are many types of virtual currencies. The most widely accepted virtual currencies abroad include Facebook’s F coins and the online game “Second Life”’s Linden coins. Representative domestic virtual currencies include Tencent Q-coin, Sina U-coin, Baidu coin, Shanda Yuanbao, etc. There are four main types of virtual currencies on the market: 1. Game currency developed by game operators and used by players as a transaction medium in online games; 2. Special virtual currency issued by portal websites or instant messaging tools for the purpose of operating network space; 3. Can be used by virtual currency issuers , an interactive virtual currency that can also purchase goods and services from non-issuers; 4. Based on cryptography and modern network P2P technology, a special electronic and digital network encryption currency is generated through complex mathematical algorithms. Third, online virtual currencies can be roughly divided into 1. The first category is the familiar game currency. In the era of stand-alone games, the protagonist accumulated money by knocking down enemies and winning money in the casino, and used it to buy herbs and equipment, but only in his own game console. At that time, there was no "market" among players. Since the Internet established portals and communities and realized the networking of games, there was a "financial market" for virtual currencies, and players could trade game coins. 2. The second category is the special currency issued by the portal website or instant messaging service provider to purchase services within this website. The most widely used Q currency is Tencent, which can be used to purchase value-added services such as membership and QQ shows. [3] 3. The third virtual currency on the Internet, such as Bitcoin (BTC), Litecoin (LTC), etc. Bitcoin is an electronic currency generated by open source P2P software. Some people translate Bitcoin as "Bitkin", which is an online virtual currency. It is mainly used for Internet financial investment and can also be used directly as a new currency in life.