China’s Central Commission Vows to Crush Overseas Telecom Fraud with New Tech Tactics
China’s Central Political and Legal Affairs Commission has announced its commitment to combatting overseas telecom network fraud and related criminal activities. In recent years, fraud groups have increasingly used advanced technologies such as blockchain, virtual currency, and AI intelligence to enhance their criminal tools, making them more concealed and deceptive. As a result, the commission emphasizes the need for a systematic, legal, and source-based approach to address this growing concern.
The commission highlighted that overseas telecom network fraud groups have been targeting ordinary individuals by masquerading as high-paying job recruiters. Their fraudulent activities have led to violent detentions, human trafficking, and the emergence of dark industrial chains, causing significant harm to people’s lives and property. The commission stresses the importance of protecting people’s vital interests, upholding social decency, and maintaining the authority of the rule of law.
These fraud groups exhibit organized crime features, including tight organization, clear division of labor, multi-industry support, industrial distribution, and group operation. To counteract their activities, the commission calls for strengthened international law enforcement cooperation and joint efforts with relevant countries to eradicate fraud dens, rescue victims, and bring the criminals and their organizers to justice.
The commission acknowledges that fraud groups are leveraging emerging technologies like blockchain, virtual currency, metaverse, and AI intelligence to continuously upgrade their criminal tools, making them more concealed and confusing. Therefore, it is crucial for public security, finance, telecommunications, and internet departments to coordinate efforts and apply advanced technological means to fulfill their regulatory responsibilities.
To tackle these challenges, authorities in China are taking various measures. They aim to compress the online crime space from offline, conduct concentrated investigations into high-risk telephone cards and bank cards associated with fraud, clean up related internet accounts, and establish smooth network reporting channels. Additionally, thorough investigations are being conducted into domestic criminal gangs colluding with overseas entities, with the objective of severing smuggling channels.
Furthermore, China has seen an increase in crimes related to cryptocurrencies, blockchain, NFTs, and the metaverse. Recent successful crackdowns on money laundering cases related to the cryptocurrency Tether (USDT) have resulted in the arrest of numerous suspects and the confiscation of significant amounts of cash and USDT.
In light of these developments, public awareness and education play crucial roles in preventing telecom network fraud. Public security and judicial departments are urged to enhance publicity and education initiatives to improve people’s ability to identify and prevent fraud. Special attention is being given to young individuals entering society, guiding them to be vigilant against opportunistic psychology and herd mentality, and empowering them to contribute positively to society.
China’s Central Commission’s commitment to employing new tech tactics to combat overseas telecom fraud demonstrates their determination to protect the people’s interests, maintain social decency, and uphold the rule of law. By strengthening international cooperation, utilizing advanced technologies, and raising public awareness, China aims to effectively tackle the growing threat of telecom network fraud and its associated criminal activities.