New Zealand man caught in FBI-led probe

A Wellington -based man was arrested in Auckland as part of an international survey on an cryptographic scam which would have stolen $ 265 million ($ 450 million NZD) with seven victims.

The New Zealand financial crime group arrested a survey by the FBI on the criminal network. According to authoritiesThe cryptocurrency was fraudulently obtained between March and August 2024 through victims of handling, the stolen funds whitewashed by several cryptocurrency platforms.

Global Operation Crypto Scam Operation 13 Suspects

In the past three days, search mandates have been executed in three places – Auckland, Wellington and California – making multiple arrests, including the New Zealand suspect. In total, 13 individuals are now faced with charges as part of the program.

Depending on the details, the Wellington man was accused by the American Department of Racket Justice (Rico). The accusations also include a conspiracy aimed at committing a thread fraud and a plot to commit money laundering.

Prosecutors allege that the defendants used the funds of the cryptographic scam to finance an extravagant lifestyle. They also spent around $ 9 million on exotic cars, hundreds of thousands of dollars on luxury handbags, watches and clothing, and up to $ 500,000 per night for nightclub services.

Other purchases included private security agents and high -end rental properties in Los Angeles, Hamptons and Miami.

Following an appearance before the district court of Auckland, the man obtained a deposit and received an interim deletion of the name. He must reappear in court on July 3.

According to an American Ministry of Justice statementThe replaced accusation act has not sealed the accusations against 12 additional people. This includes American and foreign nationals for allegedly participated in the conspiracy of cyber-compatible racketeering. Several suspects were arrested in California this week, while two stay abroad and live in Dubai.

The criminal company would have operated from October 2023 to March 2025, the members would have acquired a fleet of at least 28 exotic cars worth $ 100,000 to $ 3.8 million.