According to judicial estimates, the total damages resulting from fake investments in the advertised cannabis cultivation crowdsourcing platform amount to a staggering EUR 645 million, but actual and unreported damages could be significantly higher. In total, an estimated 550 000 participants worldwide, most of them European citizens, were registered as online investors. Using bank transfers or cryptocurrencies, around 186 000…
Article Link: https://www.europol.europa.eu/media-press/newsroom/news/9-arrests-in-eur-645-million-juicyfields-investment-scam-case