Over £62k crypto seized from Watford man in 'huge international fraud probe'

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Over £62k crypto seized from Watford man in 'huge international fraud probe'
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'These arrests form part of a huge international operation into a group which has fraudulently been targeting innocent people'

The Eastern Region Special Operations Unit applied for the further detention of seized property, linked to the man, on May 12. He has not been charged with any offences at this time, it confirmed.

The seized items included a Rolex, multiple phones, an Armani watch, various designer clothes, a PlayStation with five games, an Xbox, a computer, and the crypto asset worth £62,874.42, which is secured in a police-controlled wallet. Those arrested, who were aged between 17 and 28, were apprehended on suspicion of offences including fraud by false representation.

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