Greater Manchester Police force has salvaged millions in stolen cryptocurrency scam after apprehending international scammers who were passing through the region.
A sum of $22.25 million (equivalent to just over £16 million) was seized by specialist officers from the Economic Crime Unit after intelligence found USB sticks containing huge amounts of Ethereum (the second largest cryptocurrency after BitCoin).
GMP said that scammers had duped people into investing millions in fake savings and trading services – and officers are now in the process of returning the currency to rightful owners.
According to police, victims based in the UK, USA, Europe, China, Australia and Hong Kong had deposited money into what they thought was an online savings and trading service using Binance Smart Chain – which stores and records transactions made in cryptocurrency confirming their movement and value.
The scammers had apparently waited until a significant amount of money had been deposited before shutting down their website and transferring the funds into their own accounts.
A 23-year-old male and a 25-year-old female were arrested for fraud and money laundering offences, but have since been released under investigation.
GMP’s Economic Crime Unit later found a further $12.7 million after locating a Cryptograph safety deposit box -effectively an online safe – and the code to access it.
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Cryptocurrency saving and trading services are becoming increasingly popular – and GMP says that criminals are finding ways to exploit the trend.
Detective Chief Inspector Joe Harrop of Greater Manchester Police’s ECU, said: “Our lives are increasingly moving online or onto our phones, and currencies like Bitcoin and Ethereum are often seen as the future when it comes to money and trading.
“With that comes a new type of crime and we’re seeing a rise in opportunist criminals looking to exploit these trends as well as any gaps in the technology that can be manipulated.
“It’s vital that we as a force adapt to what is an emerging type of crime, and demonstrate that there will be repercussions, regardless of the platform this fraudulent activity takes place on.”
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A sum of $22.25 million (equivalent to just over £16 million) was seized by specialist officers / Credit: Wikimedia Commons
He continued: “Organised crime is getting increasingly sophisticated in faking websites and services.
“Most of us can say we’ve got a text message from a seemingly known brand or bank, and it [is] harder than ever to tell if it’s the real deal.
“This latest case shows the huge sums we’re dealing with, and the reach these organised outfits can now achieve – a whole world is potentially vulnerable to this kind of exploitation, as shown in this case.
“We urge anyone involved [with] these platforms to use extreme caution, and know that there are still significant vulnerabilities and risks that could put their savings at risk.”
If you believe you’ve been affected by this particular cryptocurrency scam, please get in touch with Greater Manchester Police at [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
Featured Image – Pixabay
News
Police issue statement following several stabbings in and around Manchester Arndale this month
Emily Sergeant
The police have issued an update following several stabbings, primarily involving teenagers, in and around Manchester Arndale this month.
It comes after Greater Manchester Police (GMP) officers responded to reports of a stabbing on Withy Grove at around 7pm on Tuesday evening (27 October), and once they attended the scene, the found a 13-year-old boy who’d sustained injuries consistent with knife wounds, and he was subsequently rushed hospital where he’s said to remain in a ‘stable condition’.
Enquiries are ongoing to establish the full circumstances of the incident, and GMP confirmed there will be an ‘increased police presence’ in the area as the investigation continues.
Section 60 and Section 60AA ‘stop and search’ warrants have been authorised following this most recent incident, and remain in place.
It has also been confirmed that four teenagers have been arrested in connection.
Three boys – aged 14, 15 and 16 – have been arrested on suspicion of affray and remain in custody for questioning, while another boy, aged 13, was arrested on suspicion of possession of a bladed article, GMP confirmed.
Providing an update following the several stabbings this month, Superintendent Simon Nasim, from GMP’s City of Manchester team, said: “Firstly my thoughts are with the young boy who was injured and I wish him a quick recovery.
“We are aware of the other incidents in the city centre of this nature, but at this stage they are not thought to be linked. Our communities should not be in fear of harm, and our priority is taking effective action with partners against those involved in anti-social behaviour and criminality.
“Knife crime is understandably a concern amongst our communities, and we have dedicated teams who will be deployed across the city centre to hotspot areas to strengthen our response to violent crime, and provide a reassuring message to our public.
“But we cannot tackle it alone. We rely on the cooperation of the public, to report anything that looks suspicious or any incidents to us, and we will be sure to act on it.
“Our investigation into [Tuesday’s] incident is ongoing, I urge anyone with information to please come forward.”
Can you help? Anyone with information, including witnesses or those with CCTV or mobile phone footage, are asked to contact police on 0161 856 1495, or via the LiveChat function on the GMP website, quoting log 3058 of 28/10/26.
Alternatively, you can contact Crimestoppers anonymously on 0800 555 111.
Featured Image – Wikimedia Commons
News
First 14 Greater Manchester train stations set to join Bee Network this year revealed
Emily Sergeant
The first 14 train stations in Greater Manchester that are set to join Bee Network before the end of the year have been revealed.
In case you need bringing up to speed, back in December of last year, Andy Burnham – who was then Greater Manchester Mayor, at the time – announced a step-by-step plan for bringing the region’s rail lines into the Bee Network, all with the aim of creating the first truly integrated public transport system outside London.
Eight commuter rail lines will be brought onto the Bee Network in phases through to 2028, with the final additions expected by 2030, so passengers can enjoy all the benefits of joined up buses, trams, trains and active travel.
And now it’s been revealed which stations are set to be the first to join.
The first two lines – which will connect Manchester to Glossop and Stalybridge – will become part of the Bee Network from December 2026, with contactless ‘tap in, tap out’ ticketing also rolled out across 14 stations at the same time.
Here’s everything you need to know.
The first 14 Greater Manchester train stations set to join the Bee Network this year have been revealed / Credit: TfGM
The 14 Greater Manchester stations joining the Bee Network in December 2026
Ardwick
Ashburys
Broadbottom
Dinting
Fairfield
Flowery Field
Glossop
Godley
Gorton
Guide Bridge
Hadfield
Hattersley
Manchester Piccadilly
Newton for Hyde
The 15 stations planned to join the Bee Network in March 2027
Ashton-under-Lyne
Belle Vue
Bredbury
Brinnington
Hyde Central
Hyde North
Manchester Victoria
Marple
Reddish North
Romiley
Rose Hill Marple
Ryder Brow
Stalybridge
Strines
Woodley
The 43 stations planned to join the Bee Network by December 2028
Appley Bridge
Atherton
Bolton
Burnage
Castleton
Cheadle Hulme
Clifton
Daisy Hill
Davenport
Deansgate
East Didsbury
Eccles
Farnworth
Gathurst
Gatley
Hag Fold
Hazel Grove
Heald Green
Heaton Chapel
Hindley
Ince
Kearsley
Levenshulme
Manchester Airport
Manchester Oxford Road
Mauldeth Road
Middlewood
Mills Hill
Moorside
Moses Gate
Moston
Patricroft
Rochdale
Salford Central
Salford Crescent
Stockport
Swinton
Walkden
Westhoughton
Wigan North Western
Wigan Wallgate
Woodsmoor
The remaining 25 stations planned to join the Bee Network by 2030
Altrincham
Blackrod
Bramhall
Bromley Cross
Bryn
Chassen Road
Denton
Flixton
Glazebrook
Greenfield
Hale
Hall-i’-th’-Wood
Horwich Parkway
Humphrey Park
Irlam
Littleborough
Lostock Parkway
Mossley
Navigation Road
Orrell
Pemberton
Reddish South
Smithy Bridge
Trafford Park
Urmston
This means that contactless ‘tap and go’ payments with capped fares will be brought in across bus, tram and train services from 2030.
All timings are subject to ongoing work between Greater Manchester leaders and the Department for Transport (DfT), Network Rail, Shadow Great British Railways, and Train Operating Companies.
The Manc -
12th August 2021 
