Ningbo, China has cracked down on the "Flash Delivery Moutai" fraud case, with the stolen money transferred in the form of Virtual Money.

On August 19, according to the Legal Daily, a remote order "Flash Delivery Moutai" fraud case involving Virtual Money was cracked in Ningbo City, Zhejiang Province, China. The defendant targeted tobacco and liquor stores for fraud, using fake receipts to deceive genuine Moutai and transferring the illicit funds to upstream criminals in the form of Virtual Money. The Ningbo Yinzhou District Prosecutor's Office has filed a public prosecution, and the defendant Zhou was sentenced to one year and six months in prison and fined for concealing and hiding criminal proceeds. The public security authorities are further investigating the upstream fraudsters.