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A UK gang impersonated police to steal $5.4 million in cryptocurrency and was sentenced
PANews July 17, citing Protos, reported that a UK gang posed as police officers and created fake police websites. By calling victims and pretending to be law enforcement, they convinced cryptocurrency holders to transfer funds into so-called “safe accounts,” stealing $5.4 million worth of crypto. The gang was sentenced this week. Hamza Bashir, 23, Kevin Nwamma, 25, and Anthony Ikenwe, 29, were each sentenced to six years and nine months, eleven years, and eleven years in prison, respectively.
The stolen funds were used to buy luxury items, including a £60k car, vacation trips such as to Thailand and Japan, and brand-name goods from Harrods, Hermès, Louis Vuitton, and Rolex. Police also found £500k in cash in a safe and determined that most of the stolen crypto had been converted into payment cards. Gang members also misreported their annual income, with one person declaring only £444. The Metropolitan Police Service traced the gang after receiving a report from a victim in January 2025.