Murcian scammer has been arrested after using a UK phone number to sell fraudulent cryptocurrencies
The Guardia Civil of the Region of Murcia has arrested a 35-year-old man from Murcia for defrauding at least €36,000 from a victim in Totana using a cryptocurrency phone with a UK-based number.
The arrest came as part of “Operation Criptor,” an investigation by the Spanish police following complaints by the Totana resident that he had been defrauded after making certain investments in cryptocurrencies with the help of an alleged financial agent. to advise.
– Commercial break –
It seems that in the scam, the first contact with potential victims was made via a phone call from the UK, during the desired exchange rate, an alleged financial manager encouraged their target to invest in a well-known virtual currency, assuring them that as a result of a recent price drop, it was a very good time to buy.
– Commercial break –
In this way, and with the promise of making hefty profits in no time, the fraudster managed to get his victim to transfer up to 36,000 euros to a digital wallet. When the promised profits did not come immediately, the scam is kept online with apologies about fictitious problems derived from the payment of certain taxes and fees that prevented him from receiving his money.
Initial investigations focused on following the digital trail of the money allegedly invested, leading the Guardia Civil to learn that it had been transferred to two different bank accounts and eventually to a third in the name of a Murcian resident.
The 35-year-old detainee, whose nationality has not been revealed, was made available to Totana’s investigating judge to answer for his crimes.
Meanwhile, the investigation is still ongoing and the police do not rule out the possibility of more arrests.
Tips to avoid scams when buying digital currencies
The Guardia Civil in Spain has detected an increase in cryptocurrency investment scams. Here’s how they normally work.
The modus operandi of cyber criminals is to run advertising campaigns on the internet, through search engines and social networks, where alleged cryptocurrency investment companies are advertised.
Victims who see this advertisement and provide their contact details are then contacted by telephone by allegedly responsible personnel.
In the first stage of the scam, the administrator makes a small investment of a few hundred euros in the victim, which he pays after a few days.
Then, once they have piqued the victim’s interest thanks to the profitability obtained, they make him open an account on a cryptocurrency buying and selling website (also called an exchanger), while at the same time making him install a remote control to access the application on his computer or mobile phone.
Thanks to this remote access, the criminal manages to guide the victim through the purchase of cryptocurrencies, which are then removed to the fraudsters’ digital wallets.
Usually in this second phase of the scam, the victim invests larger sums of money and some have even taken out personal loans to contribute to the investment plan.
Below are some tips from the police to help you spot these scams:
- Check if the Comisión Nacional del Mercado de Valores (CNMV) has issued a warning regarding the financial management company https://www.cnmv.es/Portal/Advertencias.aspx?lang=en
- Search online for reviews and disclaimers about the alleged company
- Beware of calls from numbers with an international prefix
- Never allow anyone you don’t know to remotely access your computer
- Beware of making big profits in a short amount of time… if it sounds too good to be true, it probably is!
Image: Guardia Civil