Follow-up: Cyprus issues arrest warrant for Bitcoin Entrepreneur, Danny Brewster
Today, the embattled CEO of Neo & Bee, Danny Brewster, went to reddit to refute accusations of fraud and embezzlement, which led to the Cypriot police issuing a warrant for his arrest last Friday. Posting under the pseudonym of ‘cryptocyprus,’ Brewster described the charges of fraud brought against him as “baffling.” He rebutted that he simply took Bitcoins from his customers explaining that he had not received one single request nor was he provided with any addresses by the individuals who bought the coins from him so he could transfer them the funds. The amount in question was also....
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Danny Brewster, founder and CEO of Cyprus-based bitcoin depositary institution Neo and payment service Bee (known collectively as Neo & Bee), is now wanted by domestic law enforcement officials. The Cyprus Mail reported that an arrest warrent has been issued for Brewster, who earlier this month was reportedly accused of defrauding customers. The embattled CEO has been named as a "person of interest" in an investigation of the troubled Cyprus-based bitcoin savings and payment network, and three formal fraud charges have been filed against Brewster, law enforcement sources told the media....
Click For CCN's Greek Article. According to Cyprus News site, Cyprus-Mail, Cypriot police have issued an arrest warrant for Danny Brewster, the CEO of Neo & Bee. Last week, CCN wrote about the insolvency of Neo & Bee midst the suspension of Neo & Bee shares on Havelock Investments. It is now clear that Danny Brewster unceremoniously dumped his portion of his shares onto unsuspecting hopeful Bitcoin investors from around the world. Of course, as the shadowy world of Bitcoin securities is utterly unregulated and money disappears regularly, something that Danny Brewster and Neo & Bee know....
Neo & Bee Chief Danny Brewster is apparently wanted by authorities, according to a report on Friday from the Cyprus Mail. Brewster, who recently left the country in search of investors for his failing business is wanted on suspicion of fraud. According to a Cyprus Mail source, Brewster is "a person of interest in an ongoing investigation". Brewster was assumed to have fled the country and run off with customer money not terribly long ago, but spoke up and said he was actively looking for investors to save the business. Alleged threats against his daughter, he says, kept him out of Cyprus.....
Fear, uncertainty and doubt. This past Friday, the police issued an arrest warrant for Brewster who according to sources is “a person of interest in an ongoing investigation,” which is looking further into allegations from Neo & Bee customers of fraud and embezzlement. However, operations were restored back on April 4th with the website announcing: “We have not received any formal information on the current situation at LMB Holdings. Due to those factors we have decided that the unit holders on the NEOBEE Fund should no longer be suspended from trading their units. The Fund will now be....
The long-lost CEO of what was once one of the most hyped bitcoin startups has resurfaced online after a near two-year absence from the community. Danny Brewster, the founder and CEO of Cyprus-based bitcoin banking startup Neo & Bee, is now tweeting from his former Twitter handle @BtcDanny, with messages including promises that he intends to reimburse investors for losses incurred during what can be best described as a contentious period of company turmoil at the start of 2014. During that time, an arrest warrant was issued for Brewster, who faced allegations from law enforcement in Cyprus....