Bitcoin Scam: Fraudsters Buy 26 BTC Using Counterfeit Euro Bills in the Netherlands

Bitcoin Scam: Fraudsters Buy 26 BTC Using Counterfeit Euro Bills in the Netherlands
фото показано с : ethereumworldnews.com

2018-9-1 21:32

In the Netherlands, an individual has fallen victim to another Bitcoin scam using counterfeit currency notes. This case comes less than a fortnight after another similar high-profile occurred in South Korea involving a group of Serbian fraudsters and a South Korean businessman.

Details of the Bitcoin Scam

According to local Dutch media outlet, rtlnieuws.nl, a man has been duped to the tune of €180,000 by a group of fraudsters in Amsterdam. Police in the city says the victim was approached by the alleged scammers via an online forum to sell Bitcoin in exchange for Euros.

The Amsterdam Center-Burgwallen police further reported that both parties agreed to meet in a hotel. On the day of the transaction, the participants met at the hotel, and the deal went as planned. Both parties reviewed all the necessary documentation after which the exchange of 26 BTC for €180,000 was made.

However, the Bitcoin seller discovered that he had been paid using counterfeit Euro bills. Subsequent details of the matter are still sketchy, but it seems evident that the man in question was tricked into selling his BTC for fake bills.

Elaborate Bitcoin Scams Across the Globe

Earlier in the month, a South Korean businessman fell victim to a similar scam. The man in question, an owner of a Singapore-based cryptocurrency company, was approached by two Serbians looking to buy BTC from him.

As with the case of the Dutchman, the deal was completed in a hotel, this time in Nice, France. The victim also later discovered that he had been paid with counterfeit Euro bills as well. As at press time, one of the alleged perpetrators of the crime was in custody while his accomplice is still on the run.

With virtual currencies still a valuable commodity, there is no end to the multitude of elaborate scams and schemes concocted by fraudsters to dupe unsuspecting victims. These days, criminal elements hide under the anonymity of virtual coins to perpetrate crimes phony investment schemes, Ponzi schemes, etc.

What advice do you have for people to avoid being duped by such fraudulent schemes? Let us know your thoughts in the comment section below.

Image courtesy of

The post Bitcoin Scam: Fraudsters Buy 26 BTC Using Counterfeit Euro Bills in the Netherlands appeared first on Ethereum World News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68728.03 (-0.10%)
Объем 24H $41.904b
Изменеия 24h: -0.06 %, 7d: -3.36 %
Cегодня L: $66916.68 - H: $68910.37
Капитализация $1359.604b Rank 1
Цена в час новости $ 6509.73 (955.77%)

bitcoin scam netherlands counterfeit using fraudsters south

bitcoin scam → Результатов: 101


Фото:

Researchers Say Coinbase, BitGo, and Binance Can Find Attackers Behind Twitter Scam

Coinbase, BitGo, and Binance might know the attackers behind the Twitter scam that perpetuated a bitcoin “giveaway” this week, as per one on-chain analytics firm. Tracking Bitcoin Trails Crystal Blockchain, a BitFury division that provides money laundering and on-chain compliance tools through its products, tracked bitcoin trails associated with the hacker’s addresses.

2020-7-17 13:00


Фото:

Bitcoin scammers net nearly $1M by telling people they can see them masturbate

A new kind of scam has accrued almost $1 million in bitcoin from frightened porn viewers, says a new report — and they’re staining the good names of Shakespeare and Austen to do it. According to the report, from cybersecurity firm Area 1, this scam involves a threatening email, in which the victim is told videos or pictures of them watching pornography will be leaked to their contacts, along with whatever they were watching, unless they pay a ransom in Bitcoin.

2019-5-16 04:07


US Senators Contemplate if Bitcoin is a Scam or if Blockchain Assets are a Brilliant Innovation

US Senators Struggling to Decide Whether Bitcoin is a Scam or Brilliant Innovation as Debate Continues to Rage Over the past week, the United States Senate has been debating how to regulate bitcoin. Part of the problem is that senators can’t decide what, exactly, bitcoin is. Is bitcoin a digital scam and a pyramid scheme? […]

2018-10-11 21:42


CabbageTech’s Patrick McDonnell $11 Million Cryptocurrency Scam Details

The $11 million scam: How Patrick McDonnell's one-man crypto scam will cost him dearly Patrick McDonnell, the one-man band behind CabbageTech, must have believed himself to be the cryptocurrency world's Frank Abagnale after setting up the company which scammed a large number of investors out of their Bitcoin in exchange trading advice. While McDonnell must […]

2018-7-31 09:05


Фото:

Latest Extraction Request Obfuscates Investigation of Bitcoin Scam Suspect Alexander Vinnik

A Greek court has accepted a Russian request to extradite Bitcoin (BTC) fraud suspect Alexander Vinnik, complicating subsequent international litigation, the Associated Press reported July 30. A panel of senior judges in the city of Thessaloniki ruled in favor of a new extradition request from Russia for the accused computer expert. The court’s decision complicates

2018-7-31 05:21


Omicrex Exchange: Is Omicron Trust A Crypto Scam Or Legit?

What Is Omicrex? The new exchange is for trading Bitcoin, Ethereum and other significant altcoins. It’s an online exchange platform to help you exchange, buy or sell cryptocurrency tokens. Another purpose of the platform is to monitor personal crypto-holdings in a convenient place without real-time price watches. Before I get into this, it’s important to […]

2018-7-24 14:30


Фото:

Justin Sun Bids to Become Tron Super Representative; Reddit All Fired Up for His Election

Tron, China’s very own cryptocurrency, has been shrouded in an air of mystery. Called a scam by some and a genuine token by others, there is no doubt that the project is unique in many ways. Highlighting one of Tron’s most distinctive characteristics — the Super Representative program — founder Justin Sun has announced his […] Justin Sun Bids to Become Tron Super Representative; Reddit All Fired Up for His Election was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-19 19:34


Фото:

SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme

The U. S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner “Scam” Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display at the Kodak booth at the Consumer Electronics Show (CES).

2018-7-19 20:00