Loading cryptocurrency prices...

Greece sends to Germany a man wanted for €1.4 million Cryptocurrency fraud

“Green light” to the extradition of a 37-year-old foreigner to Germany, where he is wanted for international cryptocurrency fraud, lit the Council of Appeal of Thessaloniki.

- Advertisement -

He is an Israeli citizen, who was arrested on 24 August at the Macedonia International Airport, as he was preparing to board a flight to Larnaca, Cyprus.

The police found that he had an outstanding warrant against him. European arrest warrant issued by the German prosecution authorities, according to which he is described as a leading member of a criminal network, which defrauded Germans and other citizens in various European countries, with the amount of the fraud estimated at over €1.4 million.

Through phone calls and emails, members of the network encouraged unsuspecting victims to invest large sums of money in various financial instruments, promising large profits, according to a statement by the Hellenic Police.

According to the same statement, the funds transferred, were distributed in a complex money laundering network operating throughout Europe.

- Advertisement -

The wanted man denied any involvement in the case, stressing that he was not the person the Germans were looking for.

The damage done to my family will not be overcome soon.” said – among other things – the 37-year-old father of three minor children, who has the right to appeal in order to be judged by the Supreme Court.

Previous Articles:

- Advertisement -

Latest News

IBM Unveils 120-Qubit Nighthawk Chip, Aiming for Quantum Advantage by 2026

IBM unveiled the Nighthawk and Quantum Loon quantum processors, marking significant progress toward verified...

Nvidia Eyes $200 Return Amid AI Growth and Strategic Deals

NVIDIA stock has encountered resistance near $200 but rose 5% over the last month...

JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the...

Report: 16 Blockchains Have Built-in Fund Freezing Mechanisms

Sixteen blockchains have built-in fund freezing features, while 19 more can add this with...

Peraire-Bueno Bros Face Retrial in $25M Ethereum Fraud Case

Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering...
- Advertisement -

Must Read

What Are Sniper Bots Used in Defi Trading?

You've heard about DeFi, but what about sniper bots? These high-speed trading tools are shaking up the crypto scene.But don't fret, you're not...