How Two UK Scammers Used Fake Crypto Sites to Steal $2 Million — TradingView News
A United Kingdom court has sentenced two men for engaging in cryptocurrency fraud, which resulted in losses of over $2 million. The two men, Raymondip Bedi (35 years old) and Patrick Mavanga (40 years old), were sentenced for a combined 12 years for committing fraud. The pair cold-called people, masquerading as financial advisers, but leading people to their scam websites. The scam occurred between 2017 and 2019. Police estimate that the pair scammed around $2 million from 65 victims.
The UK courts released a statement about the case, naming Raymondip Bedi and Patrick Mavanga as the scammers who extorted £1.5 million from investors, equivalent to approximately $2 million. The FCA prosecuted the two individuals and found them guilty of…