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Pakistani Bitcoin Scammers Arrested for Allegedly Stealing $250,000 from Chinese Investors in Dubai

From cryptoglobe.com

Police officials in Dubai, United Arab Emirates’ business and financial hub, have reportedly charged three Pakistani citizens for allegedly stealing approximately $250,000, or 1 million Dirhams (AED), from a group of Chinese expats. The three men managed to steal the large amount of funds from four businessmen after convincing them to visit an apartment in Al Rafaa, Dubai towards the end of March last year, according to local news outlets. As detailed by local sources, the Chinese businessmen were targeted through a Facebook post which offered a cryptocurrency deal. The Pakistani men showed the victims what appeared ... (full story)

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