According to Xinhua News, on September 5, 2019, the victim Hu Mou went to the Criminal Investigation Brigade of the Public Security Bureau of Luxi County to report that he was defrauded more than 400,000 yuan. After investigation, in May of this year, Hu added a netizen through WeChat, the netizen recommended that he download and register a financial software to make money, and gave him a financial teacher online to guide Hu to invest in the financial software. Currency, Soon after Hu found that his money could not be cashed out, it was discovered that he was cheated. The police immediately set up a task force to clarify the identity of the suspect and the trajectory of the activity in Shenzhen, Guangdong. The police also found that some suspects of the gang may travel to the Philippines in the near future. On September 10, the police successfully arrested eight suspects, Yin Mou and Song Mou, in a hotel in Longgang District, Shenzhen. The next day, the suspect was arrested at a subway station in Longgang District, Shenzhen.