A Finnish Businessman Lost About $25 Million in Crypto Scam
Nine fraudsters from Thailand conned out a Finnish businessman. He sent them about $25 million. Let’s find out who these scammers are, why the businessman sent this money, and why it is all about cryptocurrency?
Some facts about the fraudsters
All the scammers are from Thailand. Moreover, they are celebrities and film in local movies. One of the scammers, Jiratpisit Jaravijit, was caught right in the process of filming. An interesting fact that three of participants are brothers who are involved in this scheme. They were caught too. Other participants were found a little bit later. Other names which were mentioned are Prinya Jaravijit and Suphitcha Jaravijit.
Why the suffer sent the money?
As it was investigated, Aarni Otava Saarimaa, our businessman, earns money on cryptocurrency. He wanted to invest in a new crypto called Dragon Coin. He sent the money but didn’t get any document about it. Usually, all reliable crypto transactions are followed by reports, but not this one. That’s why this guy became concerned about the situation.
What Dragon Coin is?
The mentioned crypto is a new ICO which was created by Thai celebrities. They offered the suffer to buy shares in three companies and in a casino. The companies were Expay Group, NX Chain Inc and DNA 2002 Plc. The casino was based on blockchain and called Dragon.
What did the police do?
After the police received a message from the businessman, they started the investigation. All in all, it took about seven months to find all the people involved in the scam. The police blocked all the participants’ bank accounts and their relatives had the same punishment. It was all done to return the stolen Bitcoins. The bank accounts were a place where scammers transferred the money. They stole Bitcoins and changed them into local currency.
Tagged With : CRYPTO SCAM
August 26, 2018