- Suspected mastermind is aged just 18, investigators say.
- Teens tried to launder stolen money by buying crypto.
- Gang offered to buy crypto at double or triple market rate, say police.
Police in Paraguay say they have arrested 10 people between the ages of 18 and 20 on suspicion of stealing $1.2 million from hundreds of bank accounts and e-wallets.
Officers say they have confiscated $400,000 of crypto, which the gang allegedly used to launder its stolen funds.
“The [gang] used cash and card mules, who provided the [gang with] personal information and bank account details,” said Irma Llano, a public prosecutor, per Paraguayan media outlet ABC. “After emptying their victims’ accounts, the [gang members] converted the money into…
