5 Members of US Army National Guard Arrested for Alleged Bitcoin Scam
A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit card numbers in order to make fraudulent purchases from a number of military bases. The Justice Department has said that three guardsmen – Derrick Shelton, James Stewart and Quentin Stewart – were arrested last week after being indicted earlier this month. The men were accused of using bitcoin to buy stolen credit and debit card numbers online and then use magnetic strip re-encoding tools and software to apply those stolen numbers to actual cards in their....
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Five members of the US Army National Guard have been arrested. All of the suspects are involved in an illegal scheme involving stolen credit cards bought with Bitcoin. The news broke on May 23, 2016 when a message appeared on the US Department of Justice website regarding the incident. The official source mentions how four US Army National Guardsmen have....
An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged Kingpin of Crypto Scam Arrested An alleged mastermind of a cryptocurrency scam, Umesh Verma, was arrested at the Indira Gandhi International Airport on Thursday as he arrived from Dubai. Local media reported that he was arrested “on charges of duping at least 45 people to the tune of Rs 2.5....
It’s true. Bitcoin can offer some degree of anonymity. The tell has always been in the “on” and “off” ramps connected to the ledger. These knuckleheads, as many before them, sought to utilize a system they did not understand for nefarious means. And as many before them, they were caught. Only this time, they worked for the National Guard. Recently, five members of the District of Columbia Army National Guard were arrested for a bitcoin to credit card theft scheme. In the plot, Spcs. James Stewart and Derrick Shelton and former Sgt. Quentin Stewart allegedly used bitcoin to purchase credit....
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise Coach. He will now be extradited to Argentina.
Leonardo Cositorto Arrested in the Dominican Republic
One of the most wanted men linked to the operation of Generation Zoe, one of the largest alleged pyramid schemes in Argentina, has at last been located. Interpol arrested Leonardo....
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up to 20 years in federal prison if convicted. Bogus Profiles According to a statement from the U.S. Department of Justice (DOJ), Stojilkovic was nabbed in his home country after the country submitted a “provisional arrest request on July 24, 2020. The statement adds that his removal “from....