Zhimin Qian, aged 47, orchestrated a significant fraud operation between 2014 and 2017 in China, eventually leading to her arrest in the UK. Investigators traced over 61,000 Bitcoin back to her, amounting to a staggering estimated value of £5 billion. Qian’s operation involved converting illicit funds through complex layering into various assets, making discovery difficult for law enforcement agencies.
The investigation highlighted the Metropolitan Police’s use of advanced blockchain forensics and collaboration with multiple agencies, including the Crown Prosecution Service and the National Crime Agency. During the searches, substantial cash and safe deposit boxes were found, linking traditional money laundering methods with cryptocurrency tactics. Continued efforts by authorities aim to recover the remaining £4.8 billion in assets linked to Qian, prolonging the legal proceedings stemming from this massive fraud case.
👉 Pročitaj original: Cyber Security News
