According to China Securities Journal and China Securities Network, Wang Bin, Head of the Criminal Third Division of the Supreme People's Court, stated at a press conference on February 26 that the next step for the courts will be to focus on cracking down on key figures in online fraud groups, core members, "money lenders," "snakeheads," individuals involved in violent crimes, as well as related crimes such as "money laundering" using virtual currencies and underground banks; at the same time, the courts will依法 increase the application of property penalties, consider returning stolen property and compensation as important factors for confessing guilt and showing remorse, and impose strict punishments on those who have the ability but refuse to return stolen property and compensation.
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According to China Securities Journal and China Securities Network, Wang Bin, Head of the Criminal Third Division of the Supreme People's Court, stated at a press conference on February 26 that the next step for the courts will be to focus on cracking down on key figures in online fraud groups, core members, "money lenders," "snakeheads," individuals involved in violent crimes, as well as related crimes such as "money laundering" using virtual currencies and underground banks; at the same time, the courts will依法 increase the application of property penalties, consider returning stolen property and compensation as important factors for confessing guilt and showing remorse, and impose strict punishments on those who have the ability but refuse to return stolen property and compensation.