A certain offline U merchant profited over 6,000 yuan by taking a cut from telecom network fraud transactions involving U coins and has been criminally detained by the police in accordance with the law

ChainCatcher news, according to the Shandong Cyber Police public account, a man from Liaoning, Qu, became an offline U coin dealer after posting job information online and took a 3% cut from each transaction based on the cash received. He was arrested by the police during a transaction in September, with 217,000 yuan in illicit funds seized.

After investigation, the suspect Qu confessed that he had committed crimes related to U coin transactions twice this year, earning 217,000 yuan in cash from these transactions, with his cut being over 6,000 yuan. The upper-level dealer's request for him to act as a U dealer was merely a facade; in reality, it was to withdraw money from the so-called "clients," who were all victims of their telecom network fraud. Currently, the suspect Qu has been criminally detained by the police, and the case is under further investigation.