Tag Archives: Police

Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

A report published in local Brazilian news outlet Zero Hora has revealed that Brazilian police have made an arrest in connection with a suspected crypto money laundering scheme. Continue reading Brazilian Police Accidentally Discover Money Laundering Bitcoin Mining Farm

Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

A police investigation involving bitcoin machines at Tampines One Mall in Singapore saved a 32-year-old man from scammers impersonating officials. They also helped a 49-year-old man not to transfer any more of his bitcoin to the alleged lying thieves. Continue reading Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

Indian Police Bust Bitcoin Ponzi Scheme that Defrauded 8,000 Crypto Investors

Police in India have cracked a crypto Ponzi scheme in the city of Pune that defrauded over 8,000 investors, seizing nearly $2 million worth of bitcoin in the process. Continue reading Indian Police Bust Bitcoin Ponzi Scheme that Defrauded 8,000 Crypto Investors

Japanese Police See Surge in Suspicious Cryptocurrency Trade Reporting

The National Police Agency of Japan has revealed that between January and October this year, it recorded 5,944 reports from crypto exchanges regarding suspicious cryptocurrency transactions possibly involving money laundering and tax evasion. Continue reading Japanese Police See Surge in Suspicious Cryptocurrency Trade Reporting

Indian Police File Charges Against Masterminds of $60 Million Bitcoin Scam

Indian police in the city of Pune have charged Amit Bharadwaj along with three other individuals – Vivek Bharadwaj, Pankaj Adlakha and Hemant Bhope, involved in a multi-level marketing (MLM) crypto scam. It is alleged that Amit who is the central character of the trial collected about Rs 10 crore (about $1.42 million) from unsuspecting investors, under the guise of high-yield cryptocurrency investments. Continue reading Indian Police File Charges Against Masterminds of $60 Million Bitcoin Scam