"Good Returns on Cryptocurrency Investment"

Editor's note: Truth be told most people are probably envious of the ability of Jews to pull off some of the best financial scams. It seems to be that when Jews do bad things they do bad things very well and the republished The Times of Israel article presents us another demonstration of this premise. Need an organ for a transplant? 

Israel Is the Organ Harvesting and Human Trafficking Capital of the World

________  

Source: Times of Israel

Hungary busts massive Israeli-led fraud and money laundering ring

Promising 'good returns' on cryptocurrency investment, gang cheats victims out of tens of millions of dollars; less than $2 million recovered so far

By AFP | 30 May 2022

A visual representation of Bitcoin, at the 'Bitcoin Change' shop in Tel Aviv, February 6, 2018. (Jack Guez/AFP)

 
Hungarian police busted an international money-laundering ring based in Hungary earlier this month that was led by an Israeli man that cheated people in dozens of countries through online investment frauds, police said Monday.

Around 44 million euros ($47 million) were transferred from some 94 companies set up by the gang, police spokesman Peter Farkas told reporters in Budapest.

The gang was led by a 48-year-old Israeli man living in Hungary, one of five suspects arrested during coordinated raids on May 9 across Hungary.

The fraud schemes were typically online and related to so-called "account-switching" and cryptocurrency investments, said Farkas, speaking at a press conference where seized phones, laptops and some 250 SIM cards were on display.

Cars and jewelry were also confiscated.

Please go to Times of Israel to read more.