Eleven arrests as German, Israeli and Georgian authorities stop major online investment scam

clock • 2 min read
Eleven arrests as German, Israeli and Georgian authorities stop major online investment scam

Europe's law enforcement agency Eurojust made 11 arrests as they dismantled a criminal network operating at least 18 online trading platforms, defrauding investors of at least tens of millions of euros, it said in a statement on 27 October. Authorities in Germany, Georgia and Israel, with the help of Eurojust, targeted a group of fraudsters of Georgian and Israeli origin who had set up several limited companies, which operated these platforms. They pretended to generate high profits o...

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