Svmuu News: The Qinzhou District People's Court in Tianshui, Gansu Province, recently heard a criminal case involving assisting others in picking up cash packages related to virtual currency. The defendant, through a "high-paying errand" part-time job, knowingly withdrew over 390,000 yuan in cash multiple times within blind spots of surveillance over a period of 7 days, despite being aware that the funds were proceeds from fraud. The defendant then converted the funds into virtual currency and transferred them to an upstream contact, profiting 21,500 yuan from the activity. The court found the defendant guilty of the crime of concealing or disguising the proceeds of crime and sentenced them to two years and four months of fixed-term imprisonment, along with a fine of 10,000 yuan. The defendant was also ordered to surrender the illegal gains.
The judge reminded the public that offline cash withdrawals have become a key link in "laundering" proceeds from telecom fraud. Activities such as "cash pickup services" and "high-paying daily settlement" are often part of the fraud chain. The public should be vigilant against actions like receiving cash on behalf of others, transferring funds, or assisting in fund transfers to avoid becoming accomplices to crimes. (WeChat Official Account of the Qinzhou District People's Court in Tianshui)