a couple of laughzillas on a blue diamond background

Spanish police arrest Bitcoin launderers in international credit card fraud case

Jun14
by on June 14, 2019 at 9:51 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according to local media reports. Most of those arrested hailed from Spain, Nigeria, Cameroon, Morocco, and Equatorial Guinea. The criminals defrauded 210 victims in Spain, and a further 20 in Israel, Denmark, Germany, France, and Greece. Spain’s Civil Guard – the force leading the investigation – says it’s detected 104 fraudulent cards made in Spain and other 12 countries. The investigation was sparked after a car rental company in Alicante…

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a couple of laughzillas on a blue diamond background

Spanish police arrest Bitcoin launderers in international credit card fraud case

Jun14
by on June 14, 2019 at 9:51 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin. Criminals made more than $675,855 (€600,000) and laundered more than $891,250 (€1,000,000), according to local media reports. Most of those arrested hailed from Spain, Nigeria, Cameroon, Morocco, and Equatorial Guinea. The criminals defrauded 210 victims in Spain, and a further 20 in Israel, Denmark, Germany, France, and Greece. Spain’s Civil Guard – the force leading the investigation – says it’s detected 104 fraudulent cards made in Spain and other 12 countries. The investigation was sparked after a car rental company in Alicante…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

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