The Ukrainian Police were able to stop a cryptocurrency fraud involving the theft of money from several online wallets owned by Ukrainians living in Canada. The thieves have been completing their unlawful activities from two name facilities that they set up on Ukrainian soil in Khmelnytskyi. According to the Ukrainian Police’s official statement, they have mostly been contacting Ukrainian citizens who have settled in Canada.
In response to the investigators working on this case, the con artists hired people who spoke fluent English and required them to undergo official training for deceiving the potential victims. The basic strategy was to establish contact with the fictitious individual and persuade them that they had acquired digital property through the use of bot trading on several stock exchanges.
Once they had the contactors’ full attention, they would then make a strenuous pitch to have them download a certain programmed that would enable them to deposit as well as claim the property. Once the victims complied with the instructions, the scammers were able to access their devices and obtain access to all of the victims’ private information, including their crypto wallets, along with their login names and associated passwords. Additionally, they were able to get into the fine print of card accounts by doing this. Finally, the technique for removing the required quantity emerged.
When the Ukrainian and Canadian authorities caught wind of this, they focused on the two call centers in question and seized all of their current equipment, including laptops, hand-held devices, SIM cards, and any other incriminating evidence they could get their hands on.
What followed were the staff members’ arrests; they will now stand trial for their crimes and risk a prison sentence of up to fifteen years. The relevant authorities are currently working to uncover further skeletons from the cabinet and punish them for their fraudulent conduct.
