Crypto-Scam: taken Million-dollar fraudsters in Taiwan

the crypto-currencies are considered to be a popular field for swindlers of all kinds. Recently, but has also experienced a number of successes of the authorities. This is what happened now in Taiwan: The police of New Taipei arrested 15 members of a criminal ring. The charge: millions of serious fraud.

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28. January 2019BTC$3.412,27 -4.23%part Facebook Twitter LinkedIn xing mail

officials from the Taiwan Criminal Investigation Bureau (CIB) of the 15 Suspects during two raids on the 9th. and 17. January 2019. Including the leader of the ring, which is so far only by his first name, "Lin". During the assignments, money, vehicles, and statements were seized, showing how the fraud happened. So far, around 30 persons of the mesh to be fallen victim to. The damage is equivalent to about 8,16 million US dollars.

crypto-Scam with IBCoin: Bitcoin for the "adult"

to invest The fraudsters tempted their victims, in the crypto-currency IBCoin. IBCoin is based on the Ethereum-ECR20 Token and is used "to pay for entertainment services for adults". In Taiwan IBCoin is not banned, what did the Bruised but apparently. To stimulate the imagination of investors, according to a new Criminal images of expensive luxury cars and other Status symbols on Facebook – as if you could be with the IBCoin rich overnight.

That didn't work, of course: The Criminal Investigation Bureau, none of the victims has ever seen anything of the promised profit. The IBCoin have "no real value", there is no company that would act with IBCoin. Rich, only the scammers have been using the mesh: the ringleader, Lin should have bought the Coins on Chinese contacts for each 1.5 Taiwan Dollar (NTD). The investors he cheered then, for 50-100 NTD.

Read also: turbulence in the case of Huobi: bear market brings Bitcoin-exchange-in distress

a wave of crypto-fraud cases in Asia

recently, currencies were in Taiwan a further arrest in connection with Crypto. In mid-January, the authorities arrested seven Suspects who deceived their victims with a sophisticated Ponzi scheme. The total was even higher: Nearly 51 million US dollars to the scammers. In India, there was a number of incidents where investors were duped with false promises in the millions. The Indian police warns, therefore, against an Investment in crypto currencies.

only one question Remains: to Take such a crypto-Scams, more and more, or the police is simply better to catch the scammers?