Golden Finance reported that Tianjin police recently disclosed a new scam of "virtual currency investment plus offline transactions". The police reviewed the case and found that the so-called "U coin" investment was just a cover, and the so-called "U business" was helping to defraud people. A running gang that transfers funds. According to investigations, since July this year, criminal gangs have committed more than 10 crimes in Tianjin and its surrounding provinces and cities under the banner of so-called "U merchants", involving more than 500,000 yuan. Currently, four members of the gang have been arrested by the people of Wuqing District, Tianjin The procuratorate approved the arrest in accordance with the law.