Police in France’s Var department investigated for one year and arrested a mother and son suspected of carrying out a “Rip Deal” (false sales) scam. The scam group, claiming that an agent for a wealthy businessman wanted to buy a villa, lured a wealthy couple from Ramatuelle to Milan and required them to pay a €1.5 million “sales fee guarantee” in the form of cryptocurrency. The fraudsters used hidden cameras to steal the victims’ accounts and private keys, then quickly emptied the accounts’ funds. Police arrested the suspects in Cavalaire-sur-Mer and seized a property worth €1.9 million. The suspects have multiple prior fraud convictions and will go on trial in court on September 1, facing charges including fraud by an organized group.

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ChaintraceAuntie
· 4h ago
Paying a security deposit with cryptocurrency is absurd in itself; there's no such process in formal real estate transactions.
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DaoEntranceSecurityGuard
· 6h ago
The trial is on September 1st. The charge of organized group fraud is quite serious, and the expected sentence is not short.
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HotAirBalloonCrossingMountains
· 6h ago
The house in Cavaler has been seized; how much of the victims' money can be recovered?
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SeaSaltSparklingWater
· 6h ago
Rip Deal routine specifically targets old money, with in-person meetings and secret camera recordings, more insidious than phishing links.
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GateUser-44dde53b
· 6h ago
1.5 million euros lost in an instant, private key management really cannot be taken lightly.
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