$7,000,000 Up for Grabs As Feds Tell Crypto Fraud Victims To Come Recover Their Money
The US government is asking victims of a recently busted crypto fraud scheme to come forward to collect their lost money.
In a press release from the U.S. Attorney’s Office for the Eastern District of Virginia, officials say they have recovered and cleared the title to $7 million of investment fraud proceeds using civil asset forfeiture.
The Justice Department (DOJ) says that the government will now begin inviting the victims of the fraud to submit petitions to have those funds returned to them.
Citing court documents, the DOJ says it uncovered a fraud scheme in which perpetrators used social engineering to lure victims into investing in crypto assets using websites that mirror legitimate platforms.
“The social…
