Tag: crypto fraud

ZAGREB: Croatian police said Wednesday that three people had been arrested on suspicion of overseeing a fraudulent, multi-million euro cryptocurrency scheme that affected hundreds in the Balkan country.The trio -- who helped run a firm that allegedly facilitated the trading of cryptocurrencies are suspected of "having misled a large number of their company's clients/investors by false representation and concealing facts," police said in a statement.Police said the three were responsible for defrauding about 800 people of at least 18.5 million euros ($19.5 million). Around 250 criminal complaints have...