Scammers made people lose money, many lost savings that will never recover, few of the fraudsters have been arrested or facing criminal charges but many are still on the run and still applying their scams worldwide. And there's people who don't take easy on scammers and track down their actors to punish them by themselves and I believe this is one of that cases, I am not a supporter of taking the law by own hands but this is something we can't control, we are different some peaceful others not!
Two OneCoin scam promoters was found dead in Mazatlan, Mexico.
OneCoin is one of the most fraudulent scam business of the twenty one century, they ripped off more than $4 billion from their victims started in 2014 and expanding into the world, one of their Co-founders is facing a 90 years sentence in U.S and the main one still on the run. The scam business was based in selling coins that promised to beat even Bitcoin (BTC) also educational material to people learn how to invest online, the fraud ended up being a huge scam with no Blockchain to issue the referred coins.
The (2) promoters, Oscar Brito Ibarra and Ignacio Ibarra, were kidnapped and killed , accordingly to a report they promoted the referred scam as payment method to a Car dealer dubbed Latin American Automotive Marketing Company, their bodies was found stuffed in suitcases in a vacant lot.
Examination by legal medicine concluded that the two men were killed by suffocation, but no further news have been relesead. Their death still to be investigated to gather more info about what really happened to get them killed and I have been following this to inform the read.cash community.
Well, I hope people don't start to take the law to their own hands as that could cause a chaos, the authorities can deal with that take the time it will take, stay safe and please protect your money!
Stay tuned for more Cryptocurrency and Blockchain news.
**protect your privacy and secure your data with Brave Browser download here.
There are many scammers worldwide. No matter which platform or country you will always bump into one. I wish it would be punished.