The USA govt seized 7.5 million illicit crypto accounts from Nigeria and Russia.
According to the news, the fraudster scams his victims by requesting them to send money to "false escrow entities" that their fund will use to invest into the oil and gas industry.
Assets include a Binance account, 19 BTC, 39 ETC, and over 156 TRX.
According to the news, fake accounts were opened by scammers that include different institutions.
This scam of a thing is becoming alarming and is ruining our nation. Although, it includes a fraudster from Russia too. My own concern is my nation. It is damaging our noble country's image internationally. It is unfair. Can Nigerians be trusted internationally as they used to be in the 80s anymore?
https://gazettengr.com/u-s-govt-confiscates-7-5-million-illicit-crypto-assets-from-nigerian-fraudsters-binance-accounts/The united state American security and department of justice filed a civil forfeiture complaint in seeking to confiscate over $7.5 million in cryptocurrency linked to a sophisticated fraud scheme involving operations in Nigeria and Russia.
The scammers set up a fake escrow company promising oil and gas investments such as oil tank storage in Rotterdam or Houston. Victims transferred funds we cut off and the money was repaid coverted into crypto and funneled through a web of account.
The united states American government is currently seeking of a court order to finalize forfeiture of the assets back to victims.