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Author Topic: [2015-07-16] CD: Police Arrest 20 in Digital Currency Pyramid Scheme  (Read 307 times)
LiteCoinGuy (OP)
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July 16, 2015, 06:10:08 PM
 #1

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....

aso118
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July 16, 2015, 06:19:48 PM
 #2

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.


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Pingu
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July 16, 2015, 06:47:14 PM
 #3

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.
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