Woman Launders Billions, Buys Hampstead Mansion

Qian Zhimin, a 47-year-old woman, faces sentencing for money laundering after allegedly stealing billions from Chinese pensioners and converting it into cryptocurrency. Fleeing China in 2017, she lived lavishly in a Hampstead mansion, paying over £17,000 in rent monthly. Her company, Lantian Gerui, scammed over 100,000 investors, promising high profits and encouraging recruitment. To maintain her lifestyle, she laundered money through a personal assistant, Wen Jian, who was sentenced to 6 years. Qians diary revealed ambitious plans, including founding an international bank and buying a Swedish castle. The police discovered tens of thousands of Bitcoin during a raid, one of the largest cryptocurrency seizures in UK history. Victims hope to reclaim their money, with the fate of the seized cryptocurrency to be decided in a civil case next year. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.