Police in Beijing’s Shijingshan district intercepted a cross-border telecom fraud scheme, froze 780,000 yuan and returned the funds to victims. The case involved a 53-year-old man studying abroad with his child who was falsely accused of money laundering by callers impersonating Chinese police. He was pressured to obtain money from relatives in China, after which funds were transferred into the accounts of two other overseas Chinese students. Investigators identified all three people as victims of the same criminal group, which used their accounts as unwitting money-laundering channels and coerced them into exchanging funds for USDT to support complex cross-border transfers. Police intervention halted the scheme and prevented further losses.