Sydney Man Charged After Alleged A$5 Million Crypto Scam Defrauds Over 190 Elderly Australians
A 42-year-old Sydney man has been charged over a crypto investment scam that allegedly stole A$5 million from more than 190 elderly and vulnerable Australians. Police say victims were approached on social media, directed to an online platform called NEXOpayment, and had their money moved through multiple crypto wallets in a pattern like money laundering.
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