Express

Authorities Bust €6 Million Bitcoin And Gold Fraud Scheme

Ramsey Baker

Summary: A scheme responsible for defrauding €6 million ($6.64 million) from French and Belgian citizens, has been put to a stop by French, Belgian and Israeli investigators, according to a Jan 29. press release from Europol. The investigation which began in 2018 found that the perpetrators of the fraud promised large gains from investments in Bitcoin, ...

A scheme responsible for defrauding €6 million ($6.64 million) from French and Belgian citizens, has been put to a stop by French, Belgian and Israeli investigators, according to a Jan 29. press release from Europol.

The investigation which began in 2018 found that the perpetrators of the fraud promised large gains from investments in Bitcoin, diamonds and gold, and offered their “services” on undisclosed online platforms. The scheme was reportedly led by a French-Israeli citizen.

By Ramsey Baker

Last Update:

Tags: ,,,,,
Link: Authorities Bust €6 Million Bitcoin And Gold Fraud Scheme   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 17 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 8 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 9 days ago
  • You need to login to comment.