<ul data-eligibleForWebStory="false"><li>Two Londoners have been sentenced to a total of 12 years in prison for swindling over $2 million in a fake crypto scheme from at least 65 victims.</li><li>The scammers cold-called investors, lured them with promises of high returns on digital assets, and funneled the money into their accounts, leaving victims empty-handed.</li><li>The fraudsters targeted individuals by claiming they could double or triple their money within months, but no actual crypto trades occurred, and funds were redirected to shell firms.</li><li>The case serves as a warning to potential investors to be cautious of unrealistic promises, verify investment opportunities, and avoid falling for scams, as regulators increase scrutiny over crypto-related frauds.</li></ul>

Crypto Fraud Exposed: 2 Londoners Get 12 Years For $2M Scam

Discover more