Eliyahu Gigi – a 31-year-old Tel Aviv-based citizen, has reportedly been accused of stealing more than $1.7 billion worth of multiple digital coins.
Specifically, Gigi has conned investors from Netherlands, Belgium, and Germany in 3 types cryptocurrencies: BTC, Ethereum, and Dash.
As reported by Globes, Yeela Harel – a lawyer from the cyber department in the State Attorney’s Office – has submitted a lawsuit against Gigi, accusing him of theft, fraud, money laundering and a few other more.
Per the report, Harel claimed that Gigi has established an array of scam web pages, using malwares to illegally acquire crypto. Gigi was then charged with using different measures to conceal his wrongdoings, including the use of remote servers, as well as continuously transfer the stolen money through various wallets.
Gigi and his sibling, a former soldier, were reportedly brought into custody in June this year. The criminal duo was believed to have taken part in international phishing fraud, but Gigi was the only one got indicted by Harel.
Gigi has been placed under the police’ scope, when an anonymous source revealed the information of him spreading scam links on different online wallet forums. Said links will be directed to a website having a wallet manager that can be downloaded to PCs. However, Gigi was suspected of collecting and misappropriating the users’ credential to get a hold of their crypto.