There are currently fifteen complaints from investors. Fraud over 200,000 euros but National Police He is aware that there are hundreds of victims across Europe. And they’re all scammed by the easy hook to make money without leaving the house. The architects of this new scam, lured by cryptocurrencies, have been arrested Alicante, Madrid, Seville, Toledo and Burgos. In these provinces, 12 people have been arrested accused of being part of a network that attracts cryptocurrency investors by holding grand events at luxury hotels, throwing parties and even gifting luxury cars.
Mass mailing
The National Police launched investigations after finding that the suggested emails were sent in large numbers. “Make money from your home”. The deception consisted of initially investing in cryptocurrencies and then performing a series of daily tasks that involved interacting with various fraudulent web pages controlled by the organization to give a false appearance of authenticity and gain greater visibility on the Internet.
After this initial recruitment of collaborators, members of the criminal network offered the opportunity to invest more money in the purchase of crypto assets that offer higher returns from the market and generate higher income if they manage to attract new investors.
However, when some investors suspected that they were defrauded and wanted to withdraw their money, the institution did not allow them and offered to get more involved in the company by recruiting new investors. To do this, they provided the possibility of holding advertising events, opening physical offices or receiving high-end gifts such as vehicles, so that the company can announce on social networks that it rewards investors with significant financial incentives.
thousands of guests
The recruiting power of this organization reached thousands of people who were invited. parties and events in luxury hotels In the Spanish geography, it is fully paid for by the organization, as a way of demonstrating the high economic status of the so-called investment company. They also opened physical facilities to give the appearance of greater legality as an advertising showcase for the company, while the activity of the four offices operating in Spain was paralyzed.
Disbanded by the police, the organization covered the expenses incurred in these major events, gifts and promotions by paying with cryptocurrencies and making transfers from foreign accounts.
Moreover, carried its profits through international companiesbank accounts and virtual wallets located in different European countries (United Kingdom, Lithuania, Norway, France and Spain) making it difficult to trace money.