Eight years ago, $43 billion of money fled to Britain, and it was finally planted!
Just before the Southwark Criminal Court in London on September 29, 2025, she finally bowed her head down and confessed her crimes.
This eight-year illegal fundraising case involving hundreds of thousands of people finally got results this year.
On September 29, 2025, London's autumn winds were covered with thin rains, blowing people's bones cold.
Outside the Southwark Criminal Court, more than thirty people clung to the fence, and no one wanted to hide from the rain.
There was a white-haired old man, wearing a semi-old saucer bag, with a yellow investment contract in his hand, and the paper was repeatedly rubbed.
There were also young people in costumes, who watched live links on their phones from time to time - more than two hundred people were waiting for news among domestic victims.
Everyone's eyes were fixed on the court door, wondering: Does Qian Zhimin plead guilty or not?
At the first hearing in October last year, she didn’t look like that.
At that time, she was still wearing the false identity of "Zhang Yadi", dyed maroon curly hair, and was pushed into the court in a wheelchair, holding her chin all the way.
The British lawyers she hired were more upset, holding counterfeit overseas company equity proofs, saying that money-sensitive assets were “legitimate investments”, and also spoke to “refuse the accusations.”
But this time, the 47-year-old money is sensitive like a leaked ball.
The black jacket is wrapped strictly and firmly, the hair is wrapped in low tails, and the exposed side face can see obvious fine patches.
The judge finished reading the charges one by one-possessing the proceeds of crime, transferring stolen money across borders, and assisting in money laundering. Every time she read a sentence, her head lowered one point.
When the judge asked if she had admitted all the accusations, she remained silent for ten seconds, and in the end she cried like a mosquito: “I admitted.”
As soon as these words were said, the court was instantly chaotic.
The victims in the back row looked at each other, someone pulled out the handcuffs and the eyes, shoulder and shoulder.
More importantly, this trial is not only a verbal acknowledgement, but also solid evidence.
A police officer sent by the Ministry of Public Security of China appeared in court with two boxes of public documents – including 2017 money transfers to his fellow Wang Jin’s bank flow, as well as records of Bitcoin trading platforms, each of which can be paired with domestic victims’ investments.
Several victims in Tianjin couldn't come to the UK in person, so they told their experiences through remote video.
The aunt in the camera holds the payment certificate of the year, saying that she put the funeral fees of her old partner in, and now lives on collecting garbage every month.
The iron card is placed here, money sensitivity will not rely on.
After the trial, the bailiff put her up and took her away from the court. She stumbled and didn't even dare to look back.
She is now held in a women's detention facility in London, and the judge said she would be sentenced in November, with possible sentences ranging from 10 to 15 years.
The way Qian Zhimin pleaded guilty in court reminded many victims of the crazy scam eight years ago.
Her hometown is in a small county town in Suzhou, Anhui Province. She never went to college. In her early years, she worked in the direct selling circle in her hometown, and her mouth was very eloquent.
When others talk about rebate mode and compound interest calculation, she takes a small notebook and writes it down, and even learns how people talk to the elderly.
In 2014, she went to Tianjin, rented a luxury office building, and opened a company called "Blue Sky Gerui".
The door hangs the sign of "high-tech enterprises", and there are several "air purifiers" not sure if they can be used, which is actually an empty shell.
She gave herself the nickname "Huahua", and every time she held an investment promotion fair, she came out in a wheelchair, saying that she was "seriously ill and still insisting on starting a business", which was sympathetic.
Then he started drawing a big pie: "Invest 60,000, and you can get 180,000 after 30 months, so you can make a steady profit without losing money!"
In order to let everyone know, she also hired people to work as "custodians", and every meeting there was someone carrying a bank card saying "I just got back the principal interest in the last month."
This is a simple way to cheat tens of thousands of people.
Over the course of three years, the money sensitivity has gone 43 billion, victims spread across the country 31 provinces, up to the elderly over 70 years, down to the young people who just worked.
In 2017, the funds were not able to withstand, and she knew she needed to exchange money for Bitcoin in advance.
6100 bitcoins, all in a laptop, she took a computer and fled to the UK with a fake passport.
When she arrived in England, she didn’t have time and hired a Chinese man named Winnie Jane to help her handle the money.
She even wanted to go to Liberland, China, to apply for political asylum, thinking that she could hide for the rest of her life.
But she forgot that when buying a luxury house to register information, the British police looked at the huge funding source unknown, the car looked at her.
In 2020, the British police arrested her in her mansion. At that time, she was still making a video call with people to discuss how to transfer the remaining Bitcoin to overseas accounts.
Money has confessed guilt, but the most concerned question of the 130,000 victims – can the money be returned?
Now these 6,100 bitcoins, because the situation in 2025 has risen a lot, the market price is estimated at 48 billion yuan.
But it's harder to get this money back than to ascend to the sky.
British laws are too pit. According to their regulations, if there is no bilateral asset return agreement, the frozen money may be divided by the British side-half to the local police and half to the Ministry of the Interior, which has nothing to do with the victims.
In May 2025, during the first preliminary hearing, some victims went outside the courtroom to inquire about news.
Now the victims can only hold a group and entrust a team of British lawyers to file civil recovery with the British High Court.
But this process is long and expensive. Each victim has to pay tens of thousands of attorney fees alone, and many people simply can't afford it.
In August 2025, the Chinese embassy in the UK also held a dedicated victim communication conference, and the embassy staff said they had passed several times with the British Ministry of Justice to struggle to return the money to the victims, but the British side has been delayed and has not given a clear answer.
The lawyer said she would fight to auction her physical assets first and distribute the money to the victims, but the process would take at least a year.
Now, many victims can't endure it anymore.
The news of Qian Zhimin's confession, like a shimmer of light, shone into the lives of 130,000 victims.
But this light can be illuminated in their wallet, no one dares to pack a ticket.
Cross-border recovery is inherently difficult, and with the legal restrictions in the UK, it is still unknown whether the 48 billion stolen money can be returned.