#Man #arrested #investigation #milliondollar #scam #ZKasino
The FIOD arrested a 26-year-old man on Monday on suspicion of fraud, embezzlement and money laundering. More than 11.4 million euros in assets have been seized, including real estate, a luxury car and various cryptocurrencies. The investigation focuses on large-scale fraud surrounding the online gambling platform ZKasino.
Invest money
At gambling platform and blockchain casino ZKasino, more than 30 million US dollars in cryptocurrencies have been invested by victims worldwide. Investors were told that they would get their investments back within 30 days. According to the FIOD, that did not happen.
Stuck longer
During the arrest of the 26-year-old man, a home was also searched and physical and digital administration and digital data carriers were seized. More than 11.4 million euros in assets have also been seized, including real estate, a luxury car and various cryptocurrencies. The suspect was brought before the examining magistrate on Thursday, who extended his pre-trial detention by two weeks.
Millions secured
The investigation started on April 25, after information about ZKasino was received via X and intelligence departments of the FIOD. The FIOD worked together with a department of crypto trading platform Binance and was thus able to secure millions of euros in crypto. Victims who want to get their money back must contact the FIOD.
More arrests cannot be ruled out.
