Norwegian authorities have charged four individuals involved in a large-scale fraud and money laundering scheme, resulting in thousands of victims losing their funds. The investigation revealed that more than 900 million kroner (about 87 million USD) passed through this operation, a significant portion of which was laundered via a Norwegian law firm and transferred to accounts in Asia. Victims were persuaded to invest in cryptocurrency, real estate, and other projects, but the scheme turned out to be a financial pyramid. The funds were laundered through complex transactions and partially returned to early investors.
2/19/2025 9:26:12 AM (GMT+1)
Norway uncovers fraudulent scheme laundering 900 million kroner, with thousands of investors deceived by promises of profits from cryptocurrency and real estate
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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