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A Youngster Plots Fake Abduction to Get Bitcoin out of his Clients

In the past couple of years, the tremendous adoption of cryptocurrencies, and especially, Bitcoin, has been really beneficial for investors. The cryptocurrency industry has been really active since 2020 and has attracted all age groups.

In the cryptocurrency sector, there are people carrying out mining activities for the acquisition of cryptocurrencies. There are people who exchange one cryptocurrency with another. Then there are people who are directly purchasing cryptocurrencies with fiat currencies.

However, there are people who are resorting to illegal and fraudulent activities in order to acquire Bitcoin and other cryptocurrencies. Over time, Bitcoin has gained so much market presence and value that people are willing to go to great lengths for the acquisition of Bitcoin.

This is when a 23-year-old youngster from Venezuela has tried pulling a fraud for the acquisition of Bitcoins. At present, the law enforcement authorities of Venezuela are searching all over for this youngster and get to the bottom of the matter.

The authorities have revealed that the youngster allegedly created a situation, which helped him take 23.66 Bitcoin out of his client’s wallet account. The sources reveal that the 23-year-old youngster was a scammer who portrayed his client’s kidnapping. The scammer is currently on the run from the Venezuelan authorities and has over $990,000 worth of Bitcoin in his possession.

It was on Sunday, September 25, 2021, when a statement was released by Douglas Rico from the Venezuelan Criminal Investigation Corps. In the report, Rico revealed that the name of the scammer is Andres Jesus.

He revealed that Andres had already been involved in several criminal and illicit transaction activities. For his activities, he was already wanted by the national police agency. He confirmed that Andres is wanted for several fraudulent and money laundering suspicion charges.

The authorities have revealed that while the police are looking for the criminal, he has continued with his streak of scams. Now, his activities are growing more and more aggressive, as well as sensitive in nature.

In the recent scam, Andres proceeded with plotting his client’s fake abduction. He plotted the abduction in order to gain access to the Bitcoin that his client had in his Binance wallet account.

The police have revealed that Andres’s client was abducted by people that he had hired for the task. They kidnapped the client and intimated him to access his Binance account. They then asked the victim to transfer funds from his Binance account to different digital assets. As a result, all the Bitcoin in possession of the client was exhausted.

According to the authorities, Andres was impersonating himself as an advisor for cryptocurrencies, mainly Bitcoin. This way, he made several clients whom he advised to purchase Bitcoin. As a result, he has managed to amass many Bitcoin and so far, the Bitcoin he reportedly has is 23.66.

The post A Youngster Plots Fake Abduction to Get Bitcoin out of his Clients appeared first on Coinfrog.

Read more: https://coinfrog.io/a-youngster-plots-fake-abduction-to-get-bitcoin-out-of-his-clients/

Text source: Coinfrog

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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