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Chinese Hangzhou Scam Syndicate Targets Elementary School Game Players, Laundering Proceeds Through Cryptocurrency

By: theblockbeats.news|2025/11/02 10:45:52
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BlockBeats News, November 2nd. The People's Procuratorate of Fuyang District, Hangzhou, Zhejiang Province, China, charged that during the 2025 Spring Festival, Mr. Yang, with nothing to do, came up with a crooked idea. Through searching on Douyin, he found that impersonating a police officer to scam children was a "relatively simple" method. Soon, Mr. Yang formed his own "team": Mr. Yang, who knew how to exchange virtual currency, Mr. Chen, who was articulate, and Mr. Fu, who was in charge of logistics support.

They developed a professional modus operandi—first, they searched for "Egg Party" game videos on Douyin, specifically selecting users who appeared to be elementary school students to follow; once the other party followed back, they would contact them via private message, claiming to have "important information" to share; during video calls, they would present a forged police officer's ID, threaten the child that their game account was involved in criminal activities, and finally instruct the child to take their parent's phone and transfer funds to a designated account.

To evade investigation, the stolen funds would also be converted into virtual currency through a professional money laundering group before eventually being exchanged for cash and distributed.

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