Published 19 days ago

Police arrest international gang in US$686 million medicinal cannabis scam

A gang swindled people out of 645 million euros across 35 countries through a fake investment opportunity involving medicinal cannabis plants.
Authorities froze bank accounts containing 58,600.00 euros and 116,300.00 euros in cryptocurrencies, with extradition proceedings underway for one suspect.
Police busted the gang that used luxury cars, parties, and music videos to promote their Ponzi scheme, leading to the arrest of nine suspects globally.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Reuters

Headline Unavailable

19 days ago·United Kingdom

Read Full Article

The Star Kuala Lumpur

Police arrest international gang in $686 million medicinal cannabis scam

MADRID (Reuters) - Spanish police said on Saturday it led an international operation to arrest a gang which allegedly defrauded 645 million euros ($686.41 million) from victims in 35 countries in a scam centred around cannabis plants for medicinal use. Read full story

19 days ago·Malaysia

Read Full Article

Channel News Asia

Police arrest international gang in US$686 million medicinal cannabis scam

MADRID: Spanish police said on Saturday (Apr 13) it led an international operation to arrest a gang which allegedly defrauded €645 million (US$686.41 million) from victims in 35 countries in a scam centred around cannabis plants for medicinal use. The gang mounted a marketing system and attended internat

19 days ago·Singapore

Read Full Article

The Straits Times

Police arrest international gang in $686 million medicinal cannabis scam

MADRID - Police forces led by Spain have arrested a gang which allegedly defrauded 645 million euros ($686.41 million) from victims in 35 countries in a scam centred around cannabis plants for medicinal use. Read more at straitstimes.com.

19 days ago·Singapore

Read Full Article

Evening Standard

Spanish police arrest international drug gang in £550m medicinal cannabis scam

World team of police together to make arrests

19 days ago·London, United Kingdom

Read Full Article

WION

$686 million medicinal cannabis scam busted, international gang’s nine members arrested

Police have busted an international gang involved in swindling people of 645 million euros ($686.41 million) across 35 countries. They defrauded people through a fake investment opportunity centred around medicinal cannabis plants. The gang had a whole marketing campaign going on, even attending international cannabis fairs to lure victims. But thanks to a collaboration between the Spanish National Police, Europol, and forces from five other co

19 days ago·Noida, India

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year