Bitcoin Fraud Scheme Worth Millions-8 Israelis Arrested

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PHILIPPINES – 8 Israelis arrested in for multi-million dollar online scam

by TUT editor

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YNET – The Cybercrime Unit of the Philippine Police has arrested eight Israelis who are suspected to have been behind a huge Bitcoin currency and online investments fraud scheme worth millions of dollars.

The Israelis were arrested on Wednesday in raids carried out by the local police at three offices in the city of Angeles.

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