Ex-cop allegedly scammed in Thailand crypto fraud
A retired Australian police officer has been swindled out of more than $1.9 million dollars after falling for an elaborate cryptocurrency scam.
Michael John Reinecke, 63, was allegedly convinced into handing over his life savings to a high-flying German expat through an illegitimate cryptocurrency website.
The accused scammer is said to have lured the Aussie in with promises of lucrative monthly returns of 5 to 10 per cent through a supposedly exclusive crypto platform.
Things took a turn for the worse when the man suddenly shut down the “investment platform” and disappeared with the funds.
Adding insult to injury, the alleged scam artist continued to live the high life after Thai police issued a warrant for his arrest.
Extraordinary…
