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