4AI.net crypto scam linked to Lebanese business, Invent Media
A foreign political candidate’s Australian business accounts have been swiftly shut down after he unwittingly become embroiled in a global scam operation.
News.com.au can reveal that an Australian business established by a man living in the Middle East was used to siphon at least $10,000 of stolen funds.
Dozens of people all around the world lost tens or hundreds of thousands of dollars last year to 4AI.net, a scam website posing as a legitimate cryptocurrency trading platform. Customers soon realised they couldn’t withdraw their investment gains and the website eventually ceased to exist.
One victim claimed on social media they had been duped out of as much as $US300,000 ($A467,000).
The scammers gave a Sydney man the details of an…
