Since the launch of the "100-day operation" to crack down on public security in the summer, the Kangxian County Public Security Bureau has made careful deployments, coordinated with multiple police departments, concentrated its efforts, and formed a special crackdown research and judgment team to target new telecommunications fraud and related crimes that have recently occurred. Focusing on criminal cases, capable police officers were dispatched to Yantai City in Shandong Province, Quzhou City in Zhejiang Province, Fenghua City in Zhejiang Province, Yiwu City, Dongguan City in Guangdong Province and other places to arrest criminal suspects and make every effort to crack down on telecommunications fraud and related crimes. So far, the police have arrested 8 suspects of various types of crimes and recovered more than 150,000 yuan in economic losses for the masses, contributing to the "100-day operation" to crack down on public security in the summer.

On July 2, 2023, the Kangxian County Public Security Bureau received criminal clues from the superior public security agency about Zhang and others’ interference in credit card management. Chen Moumou, a native of Kang County, still provides his "four-piece set" of bank cards to telecom fraud, virtual currency transactions, and online gambling platforms to earn the price difference. After receiving the clues, the Kang County Public Security Bureau immediately investigated and investigated the case. After multiple investigations and evidence collection, the criminal suspect Chen Moumou was involved in the case amounting to more than 290,000 yuan. On July 13, 2023, the Kang County Public Security Bureau organized police officers to go to Dongguan, Guangdong, and arrested the criminal suspect Chen Moumou who was suspected of stealing, purchasing, and illegally providing credit card information. The case was successfully resolved.

In the next step, the Kang County Public Security Bureau will continue to carry forward the spirit of tackling difficulties, deepen the quality and effectiveness of crackdowns, concentrate its superior police force, and solve a number of cases related to the vital interests of the people, so as to contribute to the overall social security of the county. Make new and greater contributions steadily. Related Q&A: Is the latest money-back news from Purse Money Management a scam? Essentially, it is. The current form of wallet cannot be recognized as financial fraud under financial laws, but it uses contract loopholes to defraud investors. Whether it will be recognized as a new type of fraud has yet to be officially certified. In fact, Wallet adopts a routine. It divides your investment into ten parts and distributes them to ten borrowers. The loan period of each borrower is different. That is to say, according to the contract, you need to wait until all ten parts are returned. Only by paying can you get back your investment. And when some of the loans are repaid, the wallet will not let your funds sit idle according to the so-called contract, and will lend the withdrawn funds again, resulting in a situation where ten investments will never expire at the same time, and your funds will never expire at the same time. It will remain in the fund pool "reasonably and legally", and you will have no way or evidence to sue him for fraud. Moreover, a lot of information about the wallet has not been made public. The whereabouts of its funds and the form of investment are all what the official wallet says, and the specific flow of funds is a mystery.