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    Home»Trending News»UK court jails Chinese bitcoin fraudster for over 11 years
    Trending News

    UK court jails Chinese bitcoin fraudster for over 11 years

    Team_Prime US NewsBy Team_Prime US NewsNovember 11, 2025No Comments1 Min Read
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    LAVISH LIVING

    Following scrutiny from Chinese language authorities, Qian – often known as Yadi Zhang – fled her residence nation in 2017 and got here to Britain. The court docket heard that she evaded UK authorities for round six years.

    She travelled throughout Europe, staying in upscale inns and shopping for jewelry, together with two watches price almost £120,000 (US$160,000), the court docket heard. 

    With the assistance of an confederate, Jian Wen, she rented a lavish London property for round £17,000 a month and claimed to run a profitable jewelry enterprise.

    Police surveillance of Qian’s co-defendant Ling ultimately led to her arrest in April 2024.

    Wen was jailed final 12 months for six years and eight months over her position within the scheme.

    Particulars of a compensation scheme for victims proposed by British authorities are nonetheless being thrashed out in London’s Excessive Court docket in civil proceedings, the place greater than 1,300 alleged victims have come ahead, in line with sources near the case.

    A Chinese language overseas ministry spokesperson informed AFP that Chinese language and British regulation enforcement businesses have been “cooperating on cross-border fugitive and asset restoration” within the case.



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