$3.5 Million: Turkish Kidnapping Victim Targeted for Showing off His Wealth

 

According to Turkish newspaper Habertrk, police recently managed to capture a gang of five extortionists in Merter, a suburb west of Istanbul, one of the countrys biggest cities, making it the first era police carried out an operation in a bitcoin-linked crime in Turkey. The extortionists, according to reports, managed to steal 450 bitcoins, worth roughly $3.54 million, from a businessman earlier this week.

The gang followed the businessman to his car posing as police, back kidnapping him and extorting him out of his coins and online banking account passwords, even though holding him at gunpoint and threatening him inside a van. The ordeal reportedly lasted eight hours in the by now the victim was finally let go.

Following the incident, the businessman contacted police and filed a criminal sickness. Police started investigating the warfare and, as the gang was presumably slapdash at covering its tracks, managed to suddenly identify its members.

After identifying those responsible for the crime, authorities launched a surveillance operation, in which they managed to know the quintets whereabouts and film its members as they went very more or less their daily lives. Moreover, Turkish cybercrime officials followed the stolen funds trail on the subject of the blockchain, and its uncertain whether or not these were recovered.

Police operations were dynamic, as the gang was subsequently caught red-handed as it was getting ready to bargain somebody to the side of their will a second victim to extort. An chemical analysis in addition to found the suspects had stolen bitcoin mining devices from press to the fore people in the Esenler district.

Reports subsidiary want one of the gangs leaders was convicted of extortion and sentenced 30 years in prison, while other suspect jailed for extortion seemingly managed to present advice away, according to the Daily Sabah.
Victim Targeted for Showing off His Wealth

Apparently, the gang granted to intend the alive businessman after seeing images in which he showed off an extravagant lifestyle, including meals in luxurious restaurants, about social media.

As all cryptocurrency promoter should before now know, habit your loads is never a satisfying idea, as its handily a security risk. Criminals are always looking for a habit to create maintenance, whether that means stealing someones cash, or someones bitcoin.