a company Balearic Islands channeled a scam of at least one hundred million euros to more than one person 3,000 people worldwide with fake investments cryptocurrencies. Civil Guards arrested one person in Palma for this. gigantic millionaire scam the money received was transferred sequentially countries other than European Union. In addition, there are many defendants in the case. Azerbaijan, Georgia, Ukraine, Russia or Israel, It was the last stop of the defrauded money.
Civil Guard investigation begins Basque Country After receiving a complaint from someone in Álava claiming to be the victim of a cryptocurrency scam. Investigations by armed institute investigators determined that the fraud in question may have been carried out through a company registered in Palma.
Subsequent investigations revealed that this company in Palma A large number of transfers to countries outside the European Union. This was the last stop of the money obtained. after fraud against investors in fake cryptocurrencies.
Organization members recruited potential victims by: very aggressive marketing strategies on well-known websites. They also applied phone calls, newspaper ads or SMS, among others. In all they promised some high return on invested capital, with the so-called minimal risk.
After the organization recruited the alleged client, it formalized the contract with its victims. investments in non-existent cryptocurrencies. This oscillating Between 250 and 1,000 euros. The organization gave them access to a web page where they could see the benefits of their investment with fake graphics created for this purpose. In this way, they tried to give an unrealistic appearance of solvency and legality. However, they have built trust in many affected.
From this moment on, investors received constant calls. In these speeches, Mr. fake broker informed them about the supposedly enormous profits they had made encouraged them to continue investments that did not exist. Even enough to persuade some victims to invest all their savings there.
The unpleasant surprise of the investor came when he tried to get his investment or profit back. fake brokers they wanted more money to withdraw funds. They used different excuses for this, such as paying taxes and closing the annual balance sheet. Thus, a second deception was produced.
As a result of the operation, the Civil Guard investigators managed to disperse the plot and find more than one place. 3,000 victims of this scam worldwide with investments in fake cryptocurrencies. About a hundred of those affected are on national territory, and many are completely unaware that they have been scammed.
so called “Operation Mandoa” Cybercrime experts from the Balearic Islands, the Basque Country Civil Guard and the Technical Unit of the Judicial Police in Madrid are on their way. All performances moderated by 3rd Investigation Court of Vitoria-Gasteiz (Álava).
advices
Faced with this massive cryptocurrency scam, Civil Guard launched a series advices To avoid such scams. Thus, in February 2021 National Exchange Commission and Bank of Spain It warned of the “high risk of investing in cryptocurrencies due to their extreme volatility”.
In this sense, armed institute advises to be wary of promises of great profit A guaranteed risk-free return at or above market value. In addition, unsolicited investment offers received via e-mail or mobile phone are asked to be treated with suspicion.
Another tip is to do research before investing. In this sense, researchers recommend looking at reviews and reputation of web pages before making these investments. Also, be wary of recently created pages and review their addresses, as they often contain deliberate typos to camouflage their source under the guise of a well-known signature. Moreover, not contributing to platforms located in central tax havens as a starting point. If you wish to make such an investment despite these risks, Civil Guards recommends that citizens consult with official government and European regulatory agencies. They periodically publish fraudulent websites.