By Lucia Osborne-Crowley (October 27, 2021, 12:24 PM BST) — Europe’s law enforcement coordinating agency said on Wednesday that it has helped smash a criminal network of online scammers that has swindled people out of millions of euros by convincing them to invest in fraudulent financial products.

Eurojust said it supported authorities in Germany, Georgia and Israel as they arrested 11 suspected members of a gang of online fraudsters, who used 18 web trading platforms to convince consumers to invest in scams by promising high returns. The fraudsters of Georgian and Israeli origin had set up several limited companies to operate the platforms, Eurojust said. The agency did not identify the suspects….

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read more…