As per an international news agency ‘Agence France-Presse’ a South Korean businessman, owner of a digital exchange in Singapore was scammed by a Serbian trader who cheated bitcoins around a worth of $2.3 Mln U.S. dollars in fake Euro currency.
However,whenthedealinghadendedthe South Koreanbusinessmanwas able to concludethat the euros he had received werefake photocopies. After this a complaint was filed at the police station and the Serbian wasarrestedfrom the five-starhotelin France where he was found to be in possession of an expensive watch and a luxuryautomobile.
According to thelegal officerrepresenting the Serbian in the court ‘Gerard Boudoux’the accused isfiled against fraud charges. However the Police is still active on its search for finding his helping partners.
The businessman reportedlycreatedthe acquaintance of the Serbianassociated his interest ininvestmentin his company for a peer to peer bitcoin offline exchange.
Even inApril this year, such a case was reported earlier when severalpeople were arrestedover a marketing scam in Tokyo involving cryptocurrencies worth more than 185 Mln Yen . The fraudsters had allegedly lured anothers by payingtenmillion yen for their bitcoins than the actual value. However, most of theenactment currency notes that were containedin thiscaseclothedto befaux.
Thinks are worrying when the deal’s are too good to be digested. Back in 2016 also there was a case filed involving two people from Belarus who lost more than five hundred bitcoins after transferring them toaccusers who were paying a premium price on therateat that time.