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.
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
Elbow get behind campaign to save Jodrell Bank from closure
Danny Jones
Manc band Elbow are among the latest to get behind the campaign to save Jodrell Bank Observatory from closing permanently.
The Greater Manchester natives famously played a sold-out gig at the important scientific and cultural landmark for a very special live album recording well over a decade ago, and know all too well the site’s national and, indeed, global heritage.
Choosing the Observatory and the rare chance to perform a show in the shadow of the world-renowned James Lovell Telescope, it probably remains one of their most significant standalone UK date ever.
With that in mind, the local lads have been left just as worried by the news of its impending closure as everyone else, and have therefore issued a fresh appeal to help keep it open.
Posting a timely statement on social media, the group wrote: “Jodrell Bank has long been close to elbow’s heart. In 2012, the band played beneath the Lovell Telescope for one of the most memorable shows in our history.
“The recent news that funding for the e-MERLIN radio telescope network is set to end in 2028 puts the future of the scientific work at Jodrell Bank under serious threat. It is a remarkable place, with an extraordinary history, and one that continues to play an important role in science, culture and education.”
In addition to reliving clips and images from the historic live set all the years later, they also pointed people towards their ‘elbow – Live at Jodrell Bank‘ album documentary, which has now been made available online for the very first time as part of wider efforts to raise awareness around the cause.
Directing people to key online resources shared by the institution and astrophysics centre itself following their unfortunate update late last month, the push to not only find the funding but sustain support for the facility continues to ramp up throughout the world of science, arts and industry.
For anyone who somehow missed the news – 2028 being the current deadline handed down as per budget cuts across the sector – concerned parties here in the North West and all over the country have since started petitioning to save Jodrell Bank Observatory from shutting down for good.
In addition to being described as a “huge blow” to the field by the Royal Astronomical Society (RAS), some have even gone so far as to describe the decision as a form of “vandalism” when it comes to research and British culture as a whole.
Having also served as the host venue for the annual bluedot Festival since 2016, the multi-genre science and arts celebration could soon be forced to find a new home.
The battle is far from over yet, and the community has time to rescue Jodrell Bank Observatory from its fate, but it will take lots of money and more notable public figures to make it happen.
Once again, you can do your bit by signing the petition mentioned above right HERE.
Featured Images — Emma Farrer (via Wikimedia Commons)/The Manc Group
News
All Greater Manchester boroughs to have 24-7 night buses from next month as new services launch
Emily Sergeant
Extra night buses, new routes, and more frequent bus services are being rolled out across the Bee Network at the end of this month.
You may remember that back in March, it was announced that every borough of Greater Manchester was set to get a night bus service in what is hoped to be a ‘boost’ to the night-time economy, and now plans to introduce these from September onwards have been confirmed by Transport for Greater Manchester (TfGM), along with a series of other measures.
Oldham, Stockport, Tameside, and Trafford will all get a 24-hour bus service by next month, meaning every part of the region will have a night bus operating Thursday through to Sunday.
It’s expected that once the new services have launched, it will help around 625,400 people working in the night-time economy across Greater Manchester, as well as those out enjoying the region’s nightlife, TfGM has said.
Some of the other changes set to be introduced from next month include a selection of brand-new bus services, and more frequent buses during the day and at the weekends.
All Greater Manchester boroughs will have 24-7 night buses from next month / Credit: TfGM
There will also be better connections overall to key employment and leisure destinations like Manchester Airport, Trafford Centre, MediaCity, Middlebrook Retail Park in Bolton, Kingsway Business Park, and Logistics North.
“The Bee Network belongs to the people of Greater Manchester and it needs to work for every community,” explained Mayor Bev Craig.
“As we build it, we’re listening and responding to what residents want with the biggest set of improvements we’ve ever made in one go.
🚌 More improvements are on the way across the #BeeNetwork.
36 service changes will benefit around 740,000 people across Greater Manchester, helping more communities access reliable, convenient public transport.
“We’re bringing night buses to every borough, launching new routes and ensuring buses run more often in the mornings, evenings and weekends. In doing so, we’re making it easier than ever for people to get around the city region by bus, but we’re also supporting our businesses, whose staff and customers need a reliable and safe way to reach them.
“Almost three quarters of a million people live within walking distance of a bus route we’re improving over the next few months, and we’ll continue improving connections for even more communities based on the feedback we get.”
Emily Sergeant -
22nd February 2022 
