Two UK men arrested in crypto fraud targeting elderly victim

Two men were arrested as part of a cryptocurrency fraud case which led to a 75-year-old Aberdeenshire man to lose a six-digit sum.

The police began investigating the case in July 2024. On February 18, 2025, police from the North East Division Cid, with the help of West Midlands and the South Yorkshire police, arrested a 54 -year -old man in Coventry and a 36 -year -old man in Mexborough.

The two have been accused of fraud offenses and a report will be subject to the tax prosecutor, according to a press release in the matter.

Sergeant-detective David Williamson stressed the importance of protecting the public from financial crimes.

“This operation shows our commitment to ensure that people are protected from fraud. We will do everything in our power to translate those responsible into justice, “he said.

The authorities urged the public to remain vigilant and to report any suspicious activity to the police.

“I also encourage public members to be aware of the activity that seems fraudulent and to report this to the police,” said Williamson.

Likewise, the Norwegian authorities recently charged Four individuals for a large -scale fraud and money laundering diet that has frauds thousands in several countries. More than 900 million kroner have traveled the program, with more than 700 million Kroner Blanchis via a Norwegian law firm and sent to Asia.

The victims were recruited by a marketing structure on several levels and convinced to buy cryptocurrency and actions with false investment promises in the gas, mining and real estate fields.