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Topic: [2016-11-09] Alleged Bitcoin Scammer Busted By Dubai Police (Read 243 times)

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Police in Dubai have reportedly arrested a man accused stealing bitcoins from several individuals.

Local sources report that three Dubai citizens were defrauded after connecting online with someone claiming to be a bitcoin buyer who wanted to buy the digital currency at a premium.

According to Dubai police officials, those affected apparently let the suspect access their bitcoin wallets during the sale. Once inside, those accounts were emptied, with just over $100,000 in bitcoin being taken.

Read more: http://www.coindesk.com/alleged-bitcoin-scammer-busted-dubai-police/

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