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/
