Several suspects have been detained in Israel in connection with a multi-million cryptocurrency laundering scheme to defraud the French treasury.
According to a statement released by Israeli police this Monday, the investigation focused "on the suspicion of a large-scale fraud against the state treasury in France that was carried out from Israel."
The fraud allegedly involved the theft of millions of shekels "and the laundering of the funds by converting them to cryptocurrency," the police added.
- EU moves to tame the 'wild west' of cryptocurrencies in landmark legislation
- French hacker wanted by the FBI arrested in Morocco, could face 116 years in prison
Three people have been arrested and others have been detained for questioning on suspicion of money laundering and tax offences, according to the police, who did not detail the suspects' identities.
The investigation was conducted in cooperation with Europe's law enforcement agency Europol, French police, the Israeli Tax Authority, and the Cyber Unit at the Office of the State Attorney in Israel.
Minority will expose the beneficial owners of SML, recover funds paid to company...
Prof. Opoku-Agyemang has ‘decapitated’ the NPP’s strategies; don’t take them ser...
Abubakar Tahiru: Ghanaian environmental activist sets world record by hugging 1,...
Prof. Naana Opoku-Agyemang will serve you with dignity, courage, and integrity a...
Rectify salary anomalies to reduce tension and possible strike action in public ...
Stop all projects and fix ‘dumsor’ — Professor Charles Marfo to Akufo-Addo
Blue and white painted schools will attract dirt shortly – Kofi Asare
I endorse cost-sharing for free SHS, we should prioritise to know who can pay - ...
See the four arsonists who petrol-bombed Labone-based CMG
Mahama coming back because Akufo-Addo has failed, he hasn't performed more than ...
