Sat. Apr 11th, 2026

Exposed: Brazilian Crypto Scammers Caught with Gold and Icy Cold Bling

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[BARRONS] Brazilian police said they had seized gold bars, luxury watches, piles of cash and other bling in a crackdown on a group accused of mounting an international, multi-million-dollar pyramid scheme using fake cryptocurrency investments.

The group is accused of swindling thousands of investors in Brazil, the United States and at least 10 other countries by convincing them to “rent” cryptocurrency assets, allegedly offering returns of up to 20 percent a month, federal police said in a statement. [FULLSTORY]

DEEP DIVE | Top Ten Internet Scams! What You Need To Watch Out For So You Don’t Lose It All To An Online Crook

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