Italian and Albanian Authorities Bust a Crypto Investment Scam That Lost €15 Million

Authorities in Italy and Albania have busted an online investment fraud case involving the use of cryptocurrencies and seized assets worth €3 million. The crypto investment scam caused losses of 15 million euros. According to the investigation, the investment fraud was carried out by an organization operating from a call center in Tirana, Albania. The suspect virtual number and VPN contacted the victim by phone and asked the victim to create an account on the portal. Once the transfer was completed, Just reset newly created accounts, embezzling received funds and making them untraceable. Furthermore, the perpetrators do this by allowing the victim to earn with a small initial investment, after which they propose the victim to invest in cryptocurrencies with zero risk.