China digital currency: police make arrest over alleged US$47,000 e-yuan scam

Source: China – South China Morning PostPolice in China arrested a suspect for allegedly scamming over 300,000 yuan (US$47,000) from a woman using the central bank’s new digital currency.The suspect called the victim earlier this month and impersonated police to obtain her personal information including ID number, bank account details and a photo of her face, Chinese media Thepaper.cn reported on Tuesday.The suspect then registered a digital yuan e-wallet for the victim and transferred the money from her bank account, before…Read More

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