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Russia: the man who scammed Moscow celebrities gets 6 years in prison

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Man Sentenced to 6 Years in Prison for Defrauding Celebrities in Moscow

A Russian businessman, Grigory Muluzyan, has been sentenced to 6 years in prison. He scammed several celebrities, including actors and a boxing champion, by promising them significant gains in cryptocurrencies.

An Unfortunate Common Story

This scamming technique remains unfortunately common. Fake investment experts often lure their victims with promises of significant returns on investment, paying fake interests to trigger larger investments.

It is a reminder that if the promises of profit seem too good to be true, they probably are. To invest safely, it is essential to do so with reputable actors after conducting research. A lesson painfully learned by the Muscovites tricked by Grigory Muluzyan.

Source: RBC