Crypto

Moselle: suspect of fraud, luxembourger arrested at the border

French police arrested on Thursday April 29 a Luxembourg businessman wanted for cryptocurrency fraud. This person was already involved in other cases, including the Srelov case.

After being involved in the Schrehl case, Frank Schneider is now facing American justice. A former Srel agent turned businessman has just been arrested in France.

Frank Schneider, arrested in Auden-le-Tisch, just outside the Franco-Luxembourg border, was the target of an international arrest warrant issued by a judge in New York.

Based on information published Republican Lorrain, he was called a “launderer” and “informant” in a major cryptocurrency fraud case. According to the newspaper, hundreds of investors would lose billions of euros due to this scam.

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