Authorities in Germany, Bulgaria, Serbia and Cyprus We have worked with Europol to stop a cryptocurrency fraud network. “The suspect used advertisements on social networks to lure victims to a website run covertly by criminals, which appears to offer an extraordinary investment opportunity in cryptocurrencies. It looked like,” explains Europol.
Authorities Crack Down on Cryptocurrency Fraud
Europol said Thursday that authorities in Bulgaria, Serbia, Cyprus and Germany are working with his Europol and Eurojust to “open call center sales.” It has stopped,” he said. fake cipher.
Criminal networks operating through call centers “lure victims into investing large sums of money in fake cryptocurrency schemes,” he explained to Europol, detailing: Says.
The suspect used ads on social networks to lure victims to websites run covertly by criminals, offering opportunities to invest in cryptocurrencies. It looked like
The incident resulted in 15 arrests, 261 interrogations and 22 searches, including four call centers. Authorities also seized approximately $1 million in cryptocurrency, approximately €50,000 in cash, three vehicles, electronic devices, documents, and three hardware wallets containing data backups.
Victims, mostly from Germany, were initially persuaded to make small investments. “Investors were persuaded to remit larger amounts by false price increases that were supposed to give investors favorable returns,” EU law enforcement said, adding:
German casualties now exceed her €2 million.
Europol also revealed victims in other countries, including Switzerland, Australia and Canada.
Image Credits: Shutterstock, Pixabay, Wiki Commons