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The Security Service of Ukraine (SBU) has taken down a network of six call centers in Lviv, used by a ring of scammers to defraud cryptocurrency investors worldwide.
Fraudsters behind these illegal call centers used VoIP (Voice over Internet Protocol) phone numbers to hide their locations while scamming thousands of foreign investors.
The SSU Main Office in the Lviv region carried out the operation under the supervision of the Prosecutor General’s Office.
During searches at the six call centers, the SSU law enforcement officers seized electronics and documents that linked the fraudsters to illegal activity:
- more than 100 items of computer equipment with headset;
- mobile devices and routers;
- forged accounting records with victims’ bank details and other documents
“According to the investigation, several locals equipped six illegal call centers in rented offices and apartments. The operators offered foreigners to invest money in stocks and cryptocurrency,” the SSU said.
“The victims transferred money to offenders’ bank cards and crypto wallets with further conversion into non-observed sector of economy.”
In related news, the US Federal Trade Commission (FTC) said in May that more than $80 million were lost to cryptocurrency investment scams, based on stats stemming from roughly 7,000 reports received since October 2020.
This equates to a ten-fold increase, with reports showing that the median amount lost to cryptocurrency scammers was $1,900.</…….