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Dutch police bust a counterfeit EURC fraud ring; two arrested for fraudulently purchasing Rolex watches

PANews September 22 news: According to a report from the Eastern Netherlands Police, police September 9 arrested two men on suspicion of cryptocurrency fraud. The pair allegedly used the Dutch classified-ad platform Marktplaats to purchase multiple Rolex watches fraudulently with counterfeit EURC stablecoins. The counterfeit currency was nearly indistinguishable in appearance from genuine EURC, and sellers were unable to redeem it after receiving payment for EUR. The two suspects are respectively a 24-year-old man from Geleen and a 45-year-old man from Leiden. Police reminded the public that cryptocurrency payments should be made only through familiar and trusted methods.

Source: https://www.panewslab.com/zh/articles/01a0c8e9-f6c3-704c-b3fa-a41ca1fbac54