arrested, last Tuesday night by police officers of the Security Department of the Athens International Airport, a 44-year-old Israeli for which it was issued European Arrest Warrant for computer fraud.

In particular, the 44-year-old is wanted by Swiss Authorities as an accused member of a criminal network that engaged in online investment fraud against citizens primarily within Europe.

According to ELAS, the fraudsters lured citizens with the promise of obtaining large profits in the field of alternative investments. Citizens initially invested usually small amounts and the investment in question yielded profits. Then they continued to invest usually with larger sums, the returns of which could not be realized.

The criminal ring allegedly set up a Kiev-based company that acted as a front for a labyrinthine network of offshore companies and bank accounts through which the sums of money invested by victims on their platforms were transferred.

After the concealment of the origin of the money in the above network was achieved, they “laundered” the amounts with the help of cryptocurrencies.

The arrested person was taken to the Athens Appeals Prosecutor.