Multimillion crypto scam exposed « Euro Weekly News
Crypto scam uncovered in Norway. Credit: Pexels, Alesia Kozik
Norwegian authorities have charged four men for orchestrating a massive cryptocurrency fraud scheme that deceived thousands of victims across multiple countries.
According to Norway’s economic crime unit, Økokrim, the fraudulent operation amassed over 900 million kroner (€77.3 million), with more than 700 million kroner (€60 million) laundered through a Norwegian law firm and transferred to Asian accounts.
Crypto Ponzi scheme unearthed in Norway
Victims were lured into the scheme via a multi-level marketing structure, promising lucrative returns from investments in gas fields,…
