A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme.
The media outlet Globo reported that the officer, named as Francisco de Assis Jesus dos Santos Soares de Oliveira, stands accused of defrauding some 23 military police officers to the tune of over USD 192,000.
Quoting a lawyer for the alleged victims of the purported scam, the media outlet explained that Francisco had promised colleagues that they would make up to 30% a month if they trusted him to invest in crypto for them.
He also reportedly told fellow officers that he would make use of sports betting platforms, and promised that the money would be safely managed on UK-based IT platforms and available to them whenever they wanted to make a withdrawal.
The lawyer claimed that over time, Francisco’s claims became ever more outlandish, explaining:
“At first, he promised profits of up to 30%. But when he saw that the victims were looking...
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