news

Zhang, the "Asian MLM Godfather", was arrested, and the amount involved exceeded 100 billion! Details of the scene were exposed

2024-08-24

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

▲On August 20, the Ministry of Public Security’s “Fox Hunting Operation” working group successfully extradited Zhang Moumou, a major economic crime suspect, back to China from Thailand.

The night is deep, the journey is tortuous, but the journey of thousands of miles is about to end. At 22:44 on August 20, flight FM834 from Bangkok Suvarnabhumi to Shanghai Pudong landed smoothly. So far, with the strong assistance of relevant domestic departments, the Chinese Embassy in Thailand and Thai law enforcement agencies, the Ministry of Public Security's "Fox Hunting Operation" working group has successfully extradited Zhang, a major economic crime suspect suspected of organizing and leading pyramid selling activities, from Thailand to China. This case is the first economic crime suspect extradited from Thailand by China after the China-Thailand Extradition Treaty came into effect in 1999.

It is understood that since 2012, the MBI Group, headed by the criminal suspect Zhang, has required participants to pay fees ranging from 700 to 245,000 yuan to obtain platform membership by issuing virtual digital currency, using high rebates as bait, and using the number of members developed and the amount of funds invested as a method of remuneration or rebate basis to carry out illegal online pyramid schemes. The group has developed more than 10 million members, and the funds involved exceed 100 billion yuan.