According to Xinhua News Agency, recently, Beijing police cracked an underground bank case and passed the related clues Dig out 11 underground bank gangs across the country, and some of them trade more than 1 billion yuan 。

The reporter found that some underground banks are active in transactions and large in scale, and have adopted new means such as virtual currency "replacement", which is more concealed. The insiders suggested that the supervision system should be improved to form a joint force against underground banks.

　　 Large scale of active transactions in underground banks

Recently, the Economic Investigation Team of the Beijing Municipal Public Security Bureau found that Park and others were suspected of illegal business. After investigation, Mr. Park's gang has been in Beijing for a long time, ostensibly engaged in travel agency business, and secretly used domestic foreign capital pool to provide illegal foreign exchange trading business. The police found that the transaction scale of dozens of related accounts centered on Mr. Park's own account was huge, and the capital transactions conformed to the characteristics of exchange type underground banks.

"Customers who need to purchase foreign exchange will transfer RMB into Park's domestic account, and Park will use the relationship of overseas personnel to transfer foreign exchange into the other party's overseas account to earn a commission of one thousandth." Chi Yangqing, a case handling policeman of the Economic Investigation Corps of the Beijing Public Security Bureau, said that Park's gang has many long-term "cooperation" customers.

By studying and analyzing the upstream and downstream transactions of Park, and expanding the transaction level, the Beijing police, on the basis of comprehensively obtaining evidence and clarifying the direction of funds, have organized two waves of anti network operations and detained 20 criminal suspects.

The picture shows the police escorting the suspects involved in the underground bank. (Courtesy of Economic Investigation Corps of Beijing Municipal Public Security Bureau)

Later, after being submitted to the Economic Investigation Bureau of the Ministry of Public Security, the public security organs of several provinces carried out joint action against the underground banks involved in the case according to the deployment, and totally 11 underground bank gangs were killed and 35 criminal suspects were detained nationwide. According to reports, these underground banks are active in transactions, and some groups have capital tandem relationships. Some groups have transaction amounts of more than 1 billion yuan, involving Beijing, Jiangsu, Zhejiang and other places.

In China, foreign exchange shall be handled in accordance with the relevant regulations on foreign exchange management. Li Xiang, a case handling policeman of the Economic Investigation Corps of the Beijing Municipal Public Security Bureau, told reporters that on the one hand, criminal activities of underground banks seriously endanger the national financial security and have an impact on the order of foreign exchange management; On the other hand, it has fostered upstream crimes such as infringement of citizens' personal information, telecom fraud, online gambling, etc.

"At the case review stage, we found that there were underground banks providing funding channels for many telecom fraud cases, and some also provided 'blood transfusion' for overseas fugitives," said Li Xiang.

　　 Renovation means concealment

The reporter combed some cases in recent years and found that some underground banks have adopted new means such as virtual currency "replacement", which is more concealed.

Some underground banks use virtual currency as the "medium" to realize foreign exchange "matching". In a previous case handled by the Beijing police, the suspect Lin and his accomplices used domestic RMB funds to purchase virtual currency from domestic money speculators and money merchants, and then sold the virtual currency to overseas buyers through overseas virtual currency platforms to obtain foreign exchange.

It is understood that the gang has registered more than 10 virtual coin wallet accounts, and handled more than 2 billion yuan of capital flow within one year. In addition, the underground bank also provides money laundering for the upstream criminal activities of illegally buying and selling personal information of Chinese citizens. In the process of the case, the foreign suspect Yan will "exchange" the virtual currency obtained from the illegal sale of personal information of Chinese citizens with the virtual currency controlled by the underground bank to achieve the purpose of "washing white".

Some underground banks solicit and encourage domestic people to participate in the crime. According to the case handling police, some students and social personnel were recruited by overseas underground banks and opened bank accounts to help transfer money.

For example, in the case of Lin, his overseas "online" use high returns as bait to lure Lin to help him open a bank account and virtual currency wallet address in China, and then operate transfer and virtual currency trading according to instructions; At the same time, Lin was encouraged to act as an accomplice and continue to recruit accomplices, and eventually the relevant persons involved were dealt with according to law.

The police said that in order to ensure the balance of domestic and foreign capital pool, underground bank groups often "bind and interweave", forming a "big network", and a large amount of funds were quickly transferred and dispersed, showing the criminal characteristics of strong concealment, complicated transaction chain, and large amount of capital transactions.

　　 Stopping financial security loopholes and improving comprehensive governance

In accordance with laws and regulations such as the Anti money Laundering Law and the Regulations on Foreign Exchange Control, it is illegal to buy and sell foreign exchange privately, trade foreign exchange in disguised form, resell foreign exchange or introduce foreign exchange trading illegally without the approval of the relevant competent department of the State.

In recent years, the national public security organs, according to the special action plan of the Ministry of Public Security, have strengthened their crackdown on underground banks, with obvious results. Not long ago, the State Administration of Foreign Exchange said that it would work closely with public security organs and other departments to crack down on illegal and criminal activities such as underground banks, effectively punish illegal foreign exchange trading, and effectively maintain the benign order of the foreign exchange market.

The interviewees suggested that in the next step, we should continue to improve the regulatory system, strengthen departmental cooperation, jointly eradicate the "hidden cancer", and further curb upstream illegal and criminal activities.

Liu Jia, the leader of the fifth economic investigation team of the Beijing Municipal Public Security Bureau, said that the public security organs will continue to deepen the cooperation mechanism with the People's Bank of China, foreign exchange management, financial supervision and other departments to form a joint force against underground banks.

Liu Jia suggested that financial institutions should strictly review, especially for new corporate accounts, strengthen the review of suspicious characteristics, and strictly implement the account management system.

It is reported that although some underground banks attract customers with "convenience", the actual risk is not controllable. The State Administration of Foreign Exchange recently reported 10 cases of foreign exchange violations, and the persons involved were fined according to law, and the punishment information was included in the credit information system of the People's Bank of China. At the same time, due to the intertwined capital pools of underground banks, many parties' money "disappeared", which made it difficult to trace the source of compensation and caused huge losses.

The Beijing police warned that the masses should always be highly vigilant and strengthen anti money laundering awareness; In case of normal foreign exchange demand, foreign exchange shall be exchanged through formal channels. At the same time, do not rent or sell your bank card or mobile phone card, or lend them to others to avoid being used by criminals and providing convenient conditions for illegal activities. (Lu Chang, Zhang Xinyu)

Editor in charge: Liu Guangbo