Japanese Man Arrested for Purchasing Bitcoin with a Stolen Credit Card
Ryota Fujii was arrested in Tokyo after using the credit card of a local woman to purchase ¥600,000 yen in bitcoins (approx. $5800 USD in current rates) in January 2016. Fujii also set up a bitcoin wallet with the woman’s identity, by using a photograph of the victim’s driver’s license, according to local publication Tokyo Reporter. Fujii reportedly purported to be a money lender, successfully obtaining information and documentation from the woman. Once he set up a sham account, he transferred the bitcoins to a private account before converting it back to cash. Another regional news outlet....
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A Japanese man has reportedly been arrested and charged with computer fraud after allegedly stealing thousands of dollars from a local woman and using the funds to buy bitcoin. Local media reports that 33-year-old Ryota Fujii committed identity fraud by using the unnamed woman’s personal ID information to purchase ¥600,000 (roughly $6,000 at press time) worth of bitcoin by way of a fraudulently obtained credit card. Those sources say it’s the first case of its kind to take place in Japan. The suspect is said to have claimed that he stole the funds in order to settle outstanding debts....