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| April 23, 2018

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Cops: Homeless Stranger Fatally Stabbed Diner

April 23, 2018 |

A man having dinner with his 5-year-old daughter on his lap was fatally stabbed in what appears to have been a random, unprovoked attack, police in California say. Homeless man Jamal Jackson, 49, was arrested and charged with premeditated first-degree murder after the attack on 35-year-old Anthony Mele at a…
Newser

TMZ

Avicii’s Death Not Due to Criminal Involvement or Foul Play, Cops Say

April 22, 2018 |

Avicii’s death was not the result of any criminal activity or foul play … according to cops in Oman. Autopsies were performed on the DJ both Friday and Saturday, and led to the conclusion that “there is no criminal suspicion in the death” ……

TMZ.com

German Cops Look Hard at Antics of ICO Savedroid After Ghost Prank

April 20, 2018 |

German Cops Look Hard at Antics of ICO Savedroid

The same German online news outlet that broke the Savedroid supposed exit scam, turned gotcha publicity stunt, is reporting prosecutors just might have a legal case against the initial coin offering (ICO) outfit.

Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank

German Prosecutors Consider Legal Action Against Savedroid

Wirtschafts Woche, the same German source that announced a $ 50 million exit scam by ICO Savedroid, is reporting prosecutors in Frankfurt are examining the “extreme advertising campaign” of the startup. After an elaborate hoax was played on its investors and the public, the company has been doing heavy damage control. According to the online news group, prosecutors have begun a “preliminary investigation.”

A day or so ago, nearly every media outlet in the space ran headlines about tens of millions of dollars ghosted by a brazen ICO founder. He appeared on a beach, Egyptian beer in a frame beside him. Safedroid’s website featured a well-known meme, circumstantially suggesting yet another ICO has orchestrated an exit scam.

German Cops Look Hard at Antics of ICO Savedroid

But this one seemed off. Veteran journalists, and these very pages, wondered aloud if this wasn’t just a publicity stunt. By later that evening, the site was back up, insisting they were joking and trying to educate the ecosystem about the potential of fraud. “That could have legal consequences for Savedroid now,” the German website stated.

Founder Yassin Hankir released a video statement, asking the public “let me apologize for the drastic campaign.” Indeed, even the company’s Telegram account ghosted during those hours. In situations like these, especially with new investors to whom ICOs are geared, dangerous emotions are often involved, including drastic measures of self harm. Losing considerable sums is no laughing matter, especially if it’s your money.

German Cops Look Hard at Antics of ICO Savedroid
Yassin Hankir

For Education Purposes

Mr. Hankir continued, “We’ve noticed in the past few months that there are a lot of scams in the industry and we believe this is just the tip of the iceberg. That’s why we wanted to use this very drastic method to show that even we, as a very heavily regulated German company, could easily have run away with all investments.”

Noted.

Wirtschafts Woche also revealed that indeed police have visited Mr. Hankir to discuss the issue.

Would you invest in Savedroid now? Let us know in the comments section below.


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The post German Cops Look Hard at Antics of ICO Savedroid After Ghost Prank appeared first on Bitcoin News.

Bitcoin News

TMZ

Prince Death Scene Video and Photos Released by Cops

April 20, 2018 |

Cops just released video shot inside Prince’s home the day they found him dead. The Carver County Sheriff’s Dept. is releasing all the records from its investigation on the heels of the County prosecutor announcing there will be no criminal charges…

TMZ.com

Killer Clown Suspect to Cops: ‘Is My Husband Under Arrest?’

April 17, 2018 |

Palm Beach County prosecutors released evidence Thursday in the 28-year-old so-called “killer clown case” that they say helped lead to the arrest of Sheila Keen Warren in September at the Virginia home she shared with her husband—Michael Warren, victim Marlene Warren’s widower. Per the AP , the evidence includes recent…
Newser

Cops Claim Mice Ate Half a Ton of Marijuana

April 15, 2018 |

“The mice ate the marijuana” was an excuse no more believable than “the dog ate my homework” for authorities in Argentina, where eight police officers have been fired over the disappearance of around 1,200 pounds of pot. The officers in Pinar, roughly 40 miles west of Buenos Aires, argued…
Newser

Outrage Flows After Cops Arrest Black Men at Starbucks

April 15, 2018 |

Videos showing two black men handcuffed and removed from a Philadelphia Starbucks have drawn outrage and prompted a police investigation, the AP reports. The Philadelphia Inquirer reports that one clip posted Thursday on YouTube shows police talking to the men for several minutes earlier this week before handcuffing them and…
Newser

Cops: Murderer on the Run Killed Lookalike to Steal ID

April 13, 2018 |

Police in two states are looking for a 56-year-old woman accused of a bizarre double slaying. Authorities say that Lois Riess first shot to death her husband in Blooming Prairie, Minnesota, last month, reports WBBH . Riess than allegedly fled to Florida, where she was hiding out in Fort Myers Beach….
Newser

Cops: Father-Daughter Incest Ended in Murder-Suicide

April 13, 2018 |

The already grim story of a North Carolina father who impregnated his biological daughter and planned to marry her has come to a horrific end. Authorities say father Steven Pladl was found dead from a self-inflicted gunshot wound in his vehicle in Dover, NY, Thursday, several miles away from where…
Newser

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

April 11, 2018 |

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

According to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD.

Also read: Bitgrail’s $ 170M Hack Continues to Provide Drama

Police Arrested in India Bitcoin Extortion Conspiracy

Director of India’s Crime Investigation Department (CID), Ashish Bhatia, announced, “Two policemen — constables Babu Der and Vijay Vadher — were arrested on Sunday. All other accused have gone underground. Efforts are on to nab them.” Mr. Bhatia was referring to a scheme involving upwards of nearly a dozen police officers, including an Inspector, in a violent extortion and kidnapping plot that might have ended in 200 bitcoin (over one million dollars) being stolen.

This has become rather commonplace in India over the past few months, especially as bitcoin’s price began to rise. In fact, “This is the second such incident in [same part of India] in the last one month. On March 11, two policemen — Anisuddin Saiyed and Chintan Shah were arrested for abducting a businessman and demanding ransom from him in bitcoins. Last June, a group of six people [were] arrested on the charge of abducting and demanding ransom in bitcoins from a businessman in the northern city of Mohali. In September, police had arrested six other persons for kidnapping, beating and robbing a New Delhi businessman who had gone to meet them in order to pay for Bitcoin in cash,” Sputnik News explained.

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion
Inspector Anant Patel has reportedly gone missing after being accused of extortion and kidnapping.

Plot Twist?

Officials are accused of kidnapping three victims, one of whom is a prominent businessman, Shailesh Bhatt. They were driven to a farm, beaten, and forced to transfer 200 bitcoin. Mr. Bhatia continued, “We checked the records and learnt that the use of police vehicles was unauthorized. The team did not follow the procedure of informing Amreli or Gandhinagar Police. The trio was released after an alleged deal. Ketan Patel, a resident of Surat, had come to Magodi at the behest of Anant Patel and played an important role in the deal,” Times of India reports. Mr. Anant Patel is the force’s Inspector who is also reportedly in hiding.

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

An equivalent to an indictment, called a First Information Report (FIR), was filed by the CID “on the basis of evidence found by the team so far. In his application, Shailesh Bhatt had mentioned the transfer of 200 Bitcoins worth Rs 12 crore from the digital wallet of his business partner, Kirit Paladiya. Another Rs 32 crore were allegedly paid for their release from a farmhouse. Later, Rs 78.5 lakh were allegedly paid to get the Bitcoins back. All these transactions mentioned in the application could not be proven,” Mr. Bhatia noted.

“At the moment, three persons including two from Amreli police and a private individual from Surat have been apprehended in the case as a special investigation team has been formed for further probe. Digital wallets of [the victims] will also be scrutinized,” the Times quotes an investigator.

Do you think extortions for bitcoin are on the rise? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

 

The post India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion appeared first on Bitcoin News.

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