Brazilian Authorities Intervene to Prevent Bitcoin Fraud Caught on Tape – CryptoGlobe

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Brazilian Authorities Intervene to Prevent Bitcoin Fraud Caught on Tape

brazilian-authorities-intervene-to-prevent-bitcoin-fraud-caught-on-tape

A Brazilian cryptocurrency trader documented an attempted bitcoin scam during which police intervened.

According to a series of Instagram videos published by Diego Aguiar, the scam occurred at the Iguatemi shopping mall in So Paulo, Brazil. Aguiar claimed to have been involved in a transaction with an alleged scammer, Marcelo Nego, who attempted to send him fake bitcoin.

He said,

I just took a bitcoin scam, the guy managed to hack my bitcoin wallet. He sent me a fake bitcoin, I never saw it.

Aguiar reportedlylost RS $64,000 ($12,358)from the fraudulent transaction. However, he was able to alert authorities in the aftermath of the scam and captured on video police immobilizing and detaining the perpetrator, before putting the manin handcuffs.

The cryptocurrency trader warned his followers to be careful when conducting physical bitcoin transactions,

When making a bitcoin transaction, be careful. I did it in a public place and even then the guy tried to rob me. Pay close attention to who you do business with.

Aguiar describes himself as a high-risk businessman and publishes Instagram videos documenting his travels.

Featured Image Credit: Photo via Pixabay.com

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Brazilian Authorities Intervene to Prevent Bitcoin Fraud Caught on Tape - CryptoGlobe