Capital Medical University freshmen were defrauded of nearly 1.8 million yuan, with 370,000 yuan used to purchase cryptocurrency.

TechFlow reports. On November 13, Capital Medical University released an anti-fraud bulletin regarding a recent incident where an incoming 2026 undergraduate student was targeted by a telecom fraud scheme impersonating police, prosecutors, and courts. The victim made cumulative transfers totaling nearly 1.8 million yuan. Police urgently intervened to freeze and intercept 370,000 yuan, resulting in an actual loss of over 1.42 million yuan.

According to the student’s account, starting from September 23, the perpetrators impersonated Shanghai police officers, citing an alleged fraud case as their pretext. They established trust through forged police credentials, legal documents, and video calls, while preventing the victim from seeking outside assistance under the guise of case confidentiality.

Beginning on October 15, the scammers demanded payments under the premise of paying a "bail pending trial" deposit, instructing the victim to settle funds via cash, gold, and cryptocurrencies. Specifically, the victim withdrew 370,000 yuan in cash to purchase cryptocurrencies, handed over another 200,000 yuan in cash, 450 grams of gold, and transferred 710,000 yuan electronically.