Ningbo Authorities Crack 'Moutai Delivery' Crypto Laundering Scheme — Zhou Gets 18 Months

Authorities in Ningbo found that fake receipts were used to fraudulently obtain Maotai liquor, with illicit gains moved via cryptocurrency; Zhou was jailed and fined, while upstream scams remain under investigation.

Summary

verifying reliability

Terms & Concepts

No specialized terms available for this topic.