Italy and Albania Bust €15 Million Crypto Investment Scam – Bitcoin News

Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies.

During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment.Law enforcement officers in Italy and Albania have taken down an online fraud scheme offering fake investment opportunities related to cryptocurrencies. The investigation was carried out with the support of Eurojust, the EU agency responsible for judicial cooperation in Europe.

The scammers would gain their trust by allowing them to secure a quick profit against a small initial investment. After consulting seemingly reputable trading platforms, the victims were contacted by “brokers” who suggested “zero-risk” crypto investments.

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