Neo & Bee CEO Danny Brewster Faces Fraud Allegations in Cyprus
Danny Brewster, CEO of bitcoin services company Neo & Bee, is reportedly facing fraud charges filed by two customers in Cyprus who claim that they have never received any bitcoins from the company. According to a report in the Cyprus Mail, the customers paid €15,000 and €20,000 respectively, for the bitcoins, which never materialised. Police are investigating, the newspaper says. Earlier this week Neo & Bee was caught up in a media frenzy, after it emerged that the company may be facing insolvency. Neo & Bee then asked Havelock Investments to suspend trading of LMB Holdings shares. LMB....
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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....
The week started with a lengthy post by Neo & Bee CEO Danny Brewster on a social media website in attempts to clear his name following the recent debacle surrounding his company. Mr. Brewster mysteriously disappeared from Cyprus, the location of his business, leaving his team in the dark and allegedy unpaid. In his post, Brewster says he was out of the country courting potential investors. He added that he's remained outside of the country due to threats against his family and the fact he had to attend a funeral. Interestingly, he added that he thinks the entire situation can be resolved....
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....
Danny Brewster, CEO of Cyprus-based bitcoin company Neo & Bee, has broken his silence, taking to reddit to address some of the rumours that have been circulating about him of late. Posting on the forum as 'cryptocyprus', the British-born entrepreneur said the suggestion he has committed fraud is his "greatest concern" at the moment. Earlier this month, Cyprus Mail reported that two customers paid Brewster €15,000 and €20,000 for bitcoins, which they never received. Further allegations then started flying, claiming Brewster had left Cyprus and defrauded investors. Brewster took to the....
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.....