Cyprus based bitcoin vendor Neo & Bee is under police scrutiny due to allegations that they have committed fraud against at least two of their customers. To make matters worse, the company’s CEO is nowhere to be found.
The police have been reported by two individuals that they paid the company cash in exchange for bitcoins. The complaints, filed earlier this week, further revealed that the individuals never received the bitcoins. The monetary amounts in question are $27,386 and about $20,540.
Police investigating Neo & Bee allegations
According to a police official, the authorities are still investigating the allegations made against Neo & Bee. Furthermore, they are still open to asking other Neo & Bee customers for testimonies and statements.
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Neo & Bee is another bitcoin company to hit the dust due to incorrect business dealings. But the digital currency still remains standing.
https://coinreport.net/neo-bee-fire-allegations-fraudWhat?
People seemed to be expecting big things from them.
Did you get stung by the Bee?