Raids Conducted in Moldovan Cities Over Cryptocurrency Exchange Fraud

The National Anti-Corruption Center of Moldova (CNA) and the capital’s prosecutor’s office announced a series of raids in the cities of Chisinau, Edinet, and Ungheni as part of an investigation into fraud.

According to the CNA, a group of criminals deceived an elderly woman into investing 400,000 lei (over $21,500) through unnamed cryptocurrency platforms. They subsequently appropriated all the funds for themselves.

Law enforcement believes the group included citizens of the Republic of Moldova and other countries.

During the raids, electronic data carriers were seized from the suspects’ homes. Individuals involved in the case are being questioned. The investigation is ongoing.

Earlier, ForkLog reported that Norwegian authorities charged four citizens of the country with organizing a cryptocurrency fraud scheme and money laundering.