Chinese couple linked to a code fraud, invitation to arrested in Thailand

Thai police have arrested a Chinese woman in connection with crypto investment fraud. Surprisingly, they discover that her boyfriend, who was in the same residence, is a sought after fugitive in China due to suspected lures.

According to ReportWu Di, a 27-year-old Chinese woman, was arrested Wednesday by the Thai police’s Technical Crime Control Unit for her role in crypto fraud. The scam has cost more than $17.7 million in the last two months.

Wu was caught during an attack on a rented house in Pattaya, a popular tourist destination. Zhou Zongyon, a 29-year-old Chinese man, also wanted to be invited, but was also found there.

According to reports, Wu Di, a 27-year-old Chinese woman, was arrested Wednesday by the Thai police’s Technical Crime Control Unit for her role in the Crypto scam. The scam has more than $107.7 million in victims over the past two months.

Wu was caught during an attack on a rented house in Pattaya, a popular tourist destination. Zhou Zongyon, a 29-year-old Chinese man, also wanted to be invited, but was also found there.

According to reports, Chinese police say Zhou wants women to be invited in Cambodia. He was also tortured for a photograph of her family and demanded a ransom of $138,000. He has allowed illegal entry through the Cambodian border.

Cryptocurrency

The accused scammer who had a lovely profile picture contacted a Thai teacher on Facebook and convinced him to put money into a fake Singapore Dollar investment fund. At first, the victim got a small return and was able to take out a portion of her money. When she wanted to spend more, she couldn’t get the money back, so she called the police.

She lost almost $44,311 in an investment scam that launched an investigation. Investigators discovered that the stolen money was originally sent to four accounts created by Thai citizens. These accounts were called “Puppet accounts” and held the money until they were converted to cryptocurrency.

Eventually, the token was sent to a Cambodian digital wallet created in Wu’s name. After further investigation, it was found that her accounts were linked to at least 63 fraud cases, totaling $18,256,746 reported to police.

During the attack, police found evidence on WU’s phone, including photos of her expensive lifestyle, drugs she thought she was using, and lots of cash. The photos also show that she often traveled back and forth between Thailand, Cambodia and Malaysia.

Wu denied the allegations and said her ex-boyfriend opened an account to hide money for the criminal group. However, the police were not satisfied, and they continued to search for more evidence.

Meanwhile, all four with puppet accounts were arrested and three were charged. At the same time, Zhou, the accused’s lure, was arrested by the police because it may have something to do with moving money for a fraudulent call center.

How to know about scams

As the crypto industry becomes more popular, more scams will emerge. There are some red flags that can indicate that the ads are fraudulent.

One is to either promise big profits or double your investment. The scammer will do this in an exciting way and want to invest as quickly as possible. Scammers accept only crypto coins as payments, so it is difficult to track them.

Others will even go as long as they promise you free money. It’s a direct trap. It also minimizes details about money movements and investments. They can even do some trades in one day.

Most con artists are stupid. There are errors or grammatical errors in email, social media posts, or other communications. Plus, they use the support of fake influencers and celebrities who seem out of place.

Here’s how to protect yourself: Hackers cannot access your digital wallet, connect securely, and store files in a secure location when using strong passwords. One wallet is digital and the other wallet is hardware.

Digital wallets are stored online, so they are more likely to be stolen. A hardware wallet holds data on devices such as coin wallets and keys when the device is not in use.

Make sure no one has your wallet key or entry code. If you receive a text or email saying your Coin account is having problems or that the account owner’s account has been hacked, please visit the provider’s website or call the number listed on the website to make sure you are talking to an actual person. Do not click on links or answer any of these emails or texts immediately. Please be safe.