False placements in cryptocurrencies: several dozen arrests in Eastern Europe

Four appeal centers were searched in Serbia and at the head office of several companies in Bulgaria.


Europol and Eurojust announced, Thursday, January 12, several dozen arrests, mainly in Bulgaria, Serbia and Cyprus, as part of a vast international operation against operators of call centers specialized in scams with false investments in cryptocurrencies .

of the searches carried out by the local police services took place in four appeal centers in Serbia and at the head office of several companies in Bulgaria, and 261 people have been interviewed – an unclear number of them will be indicted, details Europol in a press release. Investigators also entered around 1 million euros in cryptocurrencies as well as 50,000 euros in cash.

The centers of appeal targeted are suspected of being at the heart of a scam with false investments having notably targeted German citizens. The principle of these scams is simple: contacted by telephone, most often after clicking on an advertising on the Internet, the victims are encouraged to invest increasingly important sums in allegedly miraculous and supposed investments to be very efficient. In reality, it is impossible to recover your money.

According to Interpol estimates, the total amount of scams committed by these call centers could reach several hundred million euros.

/Media reports cited above.