Belgian ex-pro arrested for multimilion cryptocurrencies fraud

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Friday, 05 July 2024 at 05:30
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Stijn V. was arrested at the end of June. The 45-year-old Belgian ex-pro is suspected of having led a criminal organization that defrauded their victims of at least 24 million euros by convincing gullible people to invest in cryptocurrencies thtough shady companies.

The money was transferred to bank accounts in Norway, Singapore, and Hong Kong. Stijn V. is said to have collected 10 million euros himself and used it to purchase real estate in Spain. He also lived in Spain and was arrested there on the basis of a European Arrest Warrant.

"In business, I have the mentality of an athlete, the goal is always to win," he said in one of his videos. He also said that Lance Armstrong is his big hero and that 'The Wolf of Wall Street' is his favorite movie. "I like stories where something is built from scratch."

In Belgium, 58 complaints have been filed against the Limburg Wolf of Wall Street. He risks up to 10 years in prison, but denies all allegations. "My client disputes everything," says his lawyer Joris van Cauter. "It really means nothing, so he is not in jail."

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