National Police agents were arrested in Las Palmas de Gran Canaria. A 43-year-old man with a police record and a 63-year-old woman(as the case may be) for crimes fraud, embezzlement and money laundering. The manager, who was detained and investigated, managed to fool 40 people with an investment strategy that was allegedly safe and highly profitable. The investment of new victims included the payment of benefits to the original investors. The money was originally intended to finance the prisoner’s life of luxuries, including cutting-edge gadgets and private investments.
In August last year, the National Police rreceived the first complaints about a possible fraudhaving a joint connection with a 43-year-old man promised a number of investments for cryptocurrencies Through an aggressive and highly profitable strategy.
As a result of the investigation initiated as a result of the aforementioned complaints, his identity was determined. 40 victimsgiving his savings to the real defendant with a false promise, quick return on investment.
‘Ponzi’ type pyramid
In such scams, known as “Ponzi” type pyramid schemes, entry of new investors pays off profits of old investors etc., continues without any benefit or real profitability of the capital contributed.
The alleged investment carried out through two traders to give credibility and robustness to the deceptionincluding the purchase Creation of more than 100 state-of-the-art computer equipment and three cryptocurrency mining centers located in Tamaraceite and El Sebadalas well as a third party island Fuerteventura. On the other hand, the money invested by the victims was largely destined for those who were investigated. this time face a life of luxury and investment, yes, it’s real.
Police investigators were able to detect this Half a million euros was invested in this system, about 320,000 euros were privately disposed of..
The police operation resulted in the arrest of the alleged perpetrator, 43, and an indictment of a 63-year-old woman on charges of fraud, embezzlement and money laundering according to the case.
This case is under the direction of Court No. 5. Palm The GC and investigation are still open, so new police actions or arrests are not ruled out.