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Topic: [2015-07-16] CD: Police Arrest 20 in Digital Currency Pyramid Scheme (Read 301 times)

member
Activity: 67
Merit: 10
What does it have to do with bitcoin? I often wonder how long it is before the police start coming after the ponzi scammers on here though.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
Police Arrest 20 in Digital Currency Pyramid Scheme

Spanish police have arrested 20 individuals in connection with a pyramid scheme that used a fake digital currency called the unete to attract unwitting investors.

http://www.coindesk.com/police-arrest-20-in-digital-currency-pyramid-scheme/


and Josh Garza is still on the run....

Seems to be a straight forward ponzi scheme. The operation was based in Saint Vincent and the Grenadines; so I am not sure how easy it will be to get the money back.
I wonder why the article calls it a "fake" digital currency.
legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
Police Arrest 20 in Digital Currency Pyramid Scheme

Spanish police have arrested 20 individuals in connection with a pyramid scheme that used a fake digital currency called the unete to attract unwitting investors.

http://www.coindesk.com/police-arrest-20-in-digital-currency-pyramid-scheme/


and Josh Garza is still on the run....
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