Andreas Szakacs, the OmegaPro co-founder, was arrested in Turkey. Authorities have traced $160M in crypto transactions and seized computers and cold wallets. A Dutch investor has reported losing $7MÂ with and over 3,000 others losing $103M in the alleged fraud.
Andreas Szakacs, the co-founder of OmegaPro arrested in Turkey, is facing serious allegations of orchestrating a massive Ponzi scheme.
OmegaPro, a firm that claimed to invest in cryptocurrency and forex, reportedly defrauded investors out of a staggering $4 billion before its collapse in late 2022, coinciding with the notorious fall of the FTX exchange.
Computers and 32 cold wallets recovered
Szakacs, who adopted the name Emre Avci after obtaining Turkish citizenship, was apprehended by Turkish authorities following a significant investigation into OmegaPro’s activities. The arrest came after an anonymous tip-off prompted a series of raids across Istanbul.
Authorities seized computers and 32 cold wallets linked to Szakacs, although he… Continue reading at the link, below.
Source: Coinjournal