Three men posing as mentors set up Bitcoin scam to make 150,000 yuan in profit and were sentenced

According to media reports on August 1, the victim was provided with profit orders through WeChat groups, pretending to be a mentor to provide guidance, and lured the victim to recharge and invest on the "Btc Club" platform, and then defrauded the victim's money by setting the background Bitcoin price increase or decrease. The Ninghai County Procuratorate of Zhejiang Province filed a public prosecution, and the Ninghai County Court recently pronounced a verdict on the telecommunications network fraud case.
In early April 2018, Liu, Chen and Mao planned a "Bitcoin" trading business, with Chen acting as the instructor, Liu as the customer service, and Mao as the investor, and each person's fixed salary and dividends were distributed according to the investment ratio. After the division of labor was clear, Liu purchased the website source code on Huzhan.com, and asked someone to create the "Btc Club" platform online, set up the server, and provided his and Chen's Alipay as a channel for customers to recharge. At the same time, Liu was also responsible for making advertisements for the platform, and posted advertisements on WeChat public accounts and other self-media to promote and recruit victims. At this point, a fraud gang was initially formed.
After everything was ready, Liu, Chen, and Mao immediately got busy. Liu recruited victims on WeChat to register on the "Btc Club" platform, and then pulled them into the company's WeChat group. Chen played the role of a mentor and issued instructions to investment clients, guiding them to recharge and purchase Bitcoin on the platform. At the same time, he focused on the clients in the group who were not familiar with Bitcoin and did not dare to invest, answering their questions. In order to convince the clients, Mao used multiple small accounts to pretend to be an investor in the group chat, and posted false profit screenshots to show that he had made money. After the clients were tempted, they could enter the platform and invest money to trade.
On September 28, 2018, the victim, Ms. Cui, who lives in Ninghai, saw this advertisement on WeChat that can make money, and scanned the QR code to add Liu on WeChat. Ms. Cui downloaded the link sent by customer service Liu, registered on the "Btc Club" platform, and was pulled into a WeChat group. "The instructor provides profitable orders in the group every day, and issues instructions for us investors to follow him to buy up and down, and many people often post profit screenshots in the group." Ms. Cui couldn't resist the temptation and used Alipay to scan the code to recharge 200 yuan to 2,000 yuan to buy Bitcoin on this platform, but she couldn't withdraw the money halfway, and the money she invested was wasted. After the incident, Ms. Cui suddenly realized that these people who made money by posting orders were actually "shills."
After discovering that she had been deceived, Ms. Cui immediately reported the case to the public security organ. After investigation, it was found that from early April 2018 to the end of September 2018, the three people built a platform called "Btc Club", with Chen as the instructor, Liu as the customer service, and Mao as the investor, to trick victims such as Cui, Ma, and Shao into recharging and purchasing Bitcoin on the above platform, and then the three people defrauded more than 150,000 yuan by manipulating the price of Bitcoin in the background. On September 29 of the same year, the three were arrested by the public security organ.
After the Ninghai County Procuratorate filed a public prosecution, the Ninghai County Court recently sentenced Liu to three years and six months in prison for fraud and a fine of 20,000 yuan; sentenced Chen to three years and six months in prison for fraud and a fine of 20,000 yuan; and sentenced Mao to three years and three months in prison for fraud and a fine of 15,000 yuan. (Justice.net)