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      Dutch police bust fake EURC scam ring, two arrested for fraudulently purchasing Rolex watches

      PANews reported on September 22 that, according to a notice from the police in the eastern Netherlands, police arrested two men on September 9 on suspicion of cryptocurrency fraud. The two are suspected of using counterfeit EURC stablecoins to fraudulently purchase multiple Rolex watches through the Dutch classified ads platform Marktplaats. The fake coins were almost indistinguishable from real EURC in appearance, and sellers were unable to convert the received payments into euros. The two suspects are a 24-year-old man from Geleen and a 45-year-old man from Leiden. Police reminded the public that cryptocurrency payments should only be made through familiar and trustworthy methods.


      Source: PANews
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