Amid cases of digital yuan fraud, the authorities of Xiong’an District urged the population to be vigilant when dealing with state digital currency.
Xiong’an District Governance Committee and Xiong’an District Business Administration Department of the People’s Bank of China
warned the population about cases of fraud with the digital currency of the Central Bank. In this regard, the authorities urge citizens to use digital wallets installed only from official websites owned by government and financial institutions.
The authorities are warning users to beware of scammers posing as prosecutors or law enforcement officials. Users must check with government agencies anyone who asks for a bank card number, password, or offers to download and install unknown video conferencing software, or create a digital wallet.
The NBK branch urges the population to beware of fake applications and banking information. Asks you to refrain from visiting suspicious websites and not to respond to emails or cell phone text messages to avoid virus infection or disclosure of personal information.
Regulators note that government digital currency is legal tender, equivalent to cash. Any mention of using the digital currency of the Central Bank to make a profit, return money or participate in transactions of the “exchange of the state digital currency” is fraudulent.
Local authorities decided to warn citizens in connection with the fact that a second crime with the digital yuan has already been recorded this month. Earlier this month, the perpetrator called the victim and, posing as a police officer, received an identification number, bank account details and a photograph of the woman’s face. Then he registered a digital wallet, using the stolen personal data, transferred money from her bank account to a digital wallet, and then to his account. The very first crime with the state digital currency in China was recorded in early November. In the course of this case, Chinese law enforcement authorities detained 11 suspects of money laundering using a digital yuan wallet.
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