U.S. Attorney for the District of Columbia Jeanine Pirro announced new sanctions Wednesday against Xinbi Guarantee, an online platform she described as "an illicit scamming marketplace" used by Chinese cybercriminals.According to officials, Xinbi helped facilitate scams targeting Americans by laundering money that victims sent to anonymous individuals online, many of whom were promoting fraudulent cryptocurrency investment opportunities.Tara McLeese, a special agent with the Secret Service, told reporters that one Virginia resident reported losing $800,000 in a scheme like this."Our team was a...
Pirro targets illicit Chinese-language marketplace accused of defrauding Americans
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