Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm
Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.
Jan 28, 2021 at 2:17 p.m. UTCUpdated Aug 19, 2021 at 6:54 a.m. UTC
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Crime-fighting agency Europol and Spanish law enforcement say they have busted an allegedly fraudulent scheme posing as an Andorran firm that specialized in cryptocurrency and foreign exchange investment training.
- Europol said Thursday it worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged between 20 and 34 years in connection with the scheme.
- “The nabbed suspects allegedly defrauded thousands of clients via an investment training company,” said the Europol report.
- It is suspected that the scheme was working internationally.
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