Over £4 million has been returned to rightful owners following an international cryptocurrency scam that was rumbled by Greater Manchester Police.
It’s come after a sum of $22.25 million (which is equivalent to just over £16 million) was seized by specialist officers from Greater Manchester Police’s Economic Crime Unit in July 2021, when intelligence led to the discovery of USB sticks containing huge amounts of Ethereum – the second largest Crypto-currency after BitCoin.
A total of 150 victims from all over the world contacted officers in the unit following the scam-bust, which GMP says saw millions invested in a fake savings and trading service.
Over £4 million has now been returned to 23 verified victims, and another 127 reported claims are currently being investigated by officers alongside partners in international law enforcement across the globe.
Victims based in the UK, United States, Europe, China, Australia and Hong Kong had deposited money, including life savings, into what they thought was an online savings and trading service using Binance Smart Chain – which stores and records transactions made in crypto-currency confirming their movement and value.
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Over £4m has been returned to rightful owners following an worldwide crypto-currency scam rumbled by officers, with millions to be claimed. We found large sums of Ethereum, the second largest Crypto-currency after BitCoin following an investigation. More:https://t.co/b39G95OtAWpic.twitter.com/F5nX2q5dVg
The scammers operating the service waited until a significant amount of money had been deposited, before shutting down their website and transferring the funds into their own accounts.
Unfortunately for them, the scammers did not disappear without trace.
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Specialist officers received intelligence that those running the scheme had been in Manchester for a limited time and tracked them down, and
Officers first recovered an encrypted USB stick containing $9.5 million of stolen Ethereum, and they found a further $12.7million a few days later after locating a Cryptograph safety deposit box – which is effectively an online safe – and the code to access it.
A 23-year-old male and a 25-year-old female were arrested for fraud and money laundering offences, but they have since been released under investigation pending further enquiries.
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It’s not over yet either, as another £7 million still needs to be claimed by rightful owners.
$22.25 million was seized by specialist officers from Greater Manchester Police’s Economic Crime Unit in July 2021 / Credit: GMP
Speaking on the return of the funds, and issuing a warning on cryptocurreny services, Detective Chief Inspector Joe Harrop – from GMP’s Economic and Cyber Crime Unit – said: “Anyone involved in these cryptocurrency and trading services are urged to take extreme caution and do a lot of research as there are still huge risks.
“Online currency and trading is incredibly technical and need in-depth knowledge in order to make sure your money is safe.
“If it seems too good to be true, it probably is.
“Thankfully, we’ve returned over four million pounds to 23 individual victims and we’re continuing to work through a large number of other reported claims where we can hopefully return even more money [but] we believe there may still be victims out there from all over the world who are owed some of this money we rumbled half a year ago.”
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Anyone who thinks they may be affected by this particular scam should get in touch with GMP on [email protected] with the following details:
The name of the savings and trading service invested in
The name of the law enforcement you reported the crime to, and officer details
Wallet addresses and documentation to prove ownership
Police urgently appeal following triple stabbing in Manchester city centre
Emily Sergeant
Police are urgently appealing for information following a triple stabbing in Manchester city centre over the weekend.
The appeal comes after Greater Manchester Police (GMP) was called to a disturbance in Piccadilly Gardens at around 11:45pm this past Saturday night (23 November), and when officers arrived on the scene, they found two teenagers, aged 17 and 18, seriously injured with stab wounds.
Police were then later notified that a 20-year-old man presented at hospital with a stab wound to the chest, and this was believed to have been sustained during this same incident.
Paramedics rushed the two teenagers to hospital, where they are currently still receiving treatment for their injuries, however none of the injuries are believed to be life-threatening at this time.
In an attempt to gain more understanding of the situation and what happened, an urgent police appeal has now been issued.
A dispersal order has been issued in #Manchester City Centre and extends throughout GM to protect the public from anti-social behaviour in response to a rising number of reports.
— Manchester City Centre Police (GMP) (@GMPCityCentre) November 23, 2024
“We are investigating an incident that occurred in Manchester city centre last night, which led to three people in hospital with serious injuries,” explained Detective Chief Inspector Michelle Buchanan, from GMP’s city centre division.
“Officers are reviewing CCTV footage and forensic enquiries are being carried out.
“We are making good process in this early stage and are appealing to anyone who was in the vicinity of Piccadilly Gardens and may have witnessed an altercation involving a group of males yesterday just after 11pm to please come forward and speak with us.
“I also urge people who were in the area to check their mobile phones, or CCTV to see if they may have captured any footage that could be useful to our investigation, no matter how small, as any information may help us.”
Anyone with any information is asked to ring police 101, or speak with the investigating team directly on 0161 856 4227, quoting log 3463 of 23/11/2024.
Information can also be submitted anonymously through Crimestoppers on 0800 555 111.
Featured Image – GMP
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You can now have a private tour of Manchester Christmas Markets
Thomas Melia
Every year, Manchester Christmas Markets hosts its almost two-month long residency on the frosty streets of our lively city, but now you can enjoy the cute huts with an unbeatable luxury experience.
Travel agency, Viator, who are directly connected to TripAdvisor, have launched a one on one guided tour of Manchester and its stunning Manchester Christmas Marketsin all their glory.
This private tour of the festivities occurring in the city will last two hours and for the whole duration of your time, a city host will be on hand to offer undivided attention, catering to your every need.
A makeshift itinerary is already awaiting guests and can be tailored according to the individual taking the tour, everything is catered to your preferences.
Anyone who books onto the tour also receives a complimentary hot chocolate and that’s sweetened the deal for me, I’m sold.
How can you go wrong with these incredible options at Manchester Christmas Markets?You can recreate your very own gigantic cheese pull and your local host can snap a piccie.Scrumptious selection of food available as you venture through Manchester Christmas Markets in style.
There’s also the chance to keep your hands toasty with a free cup of mulled wine or a soft-drink for those who aren’t interested in the warm alcoholic beverage.
Manchester Christmas Markets are a phenomenal day or night-out regardless so this latest personalised opportunity will take your festive fantasies to a whole new level.
This private tour provides a one-of-a-kind exclusive treatment making your stroll down Manchester Cathedral, Exchange Square and Manchester Town Hall that little bit more special.
These tours are a great chance to immerse yourself in one of Manchester’s many selling points as you can choose to focus your time around art and culture, fashion, architecture or our personal favourite – food.
This exclusive tour package which highlights the best of Manchester Christmas Markets is definitely a present in itself with tickets costing a hefty sum of £100.
If you want to visit Manchester Christmas Markets while also living the high life with a private tour, ‘Christmas In Manchester: Private Experience With A City Host’ is running all the way until the huts shut shop on 22 December and tickets can be found here.
Emily Sergeant -
22nd February 2022 
