The Ministry of Public Security held a special press conference in Beijing on October 25 to inform the Ministry of Public Security of the effectiveness of the national public security organs' deployment of special projects to combat and rectify national assets thawing fraud crimes. Zhou Qiancheng, the head of the Criminal Investigation Detachment of Ningbo Public Security Bureau in Zhejiang Province, introduced that Ningbo public security organs found that local residents were participating in the "China International Plum Blossom Association" national asset thawing fraud project at the beginning of this year. After investigation, the alleged offenders established an illegal organization "China International Plum Blossom Association" to use high pension returns as bait to develop personnel from all over the country to participate, and collect fees in the name of "membership fees", "venue fees", "certificate fees" and "personal income tax", and use virtual currency to launder money and transfer stolen goods and illegally profit. The funds involved have been identified as more than 58 million yuan. At present, the case is still being further processed.