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]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 4 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago

    • You need to login to comment.