Jun 11 2024
Jian Wen, a British-Chinese woman, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, aged 42, was found guilty in March of laundering Bitcoin on behalf of her former boss, Yadi Zhang, whose real name is Zhimin …
Feb 26 2024
Kürşat was extradited from Italy, where he was arrested on New Year’s Eve. He is accused of providing legal counsel to Gary Robb, a British national, who was convicted of fraud in 2011. The court released him on bail after he pledged a 75,000 euros (US$80,685) bond. The Greek Cypriot owners of those properties were …
Oct 05 2023
British authorities have reported that people in the U.K. lost more than US$113 million last year in so-called “romance scams” A perpetrator creates a fake identity, gains the victim’s affection and trust and then empties his or her bank account. Swindlers can find fertile ground for their scams on dating apps, sites, and social media …