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Dutch police arrest two suspects in cryptocurrency scam involving counterfeit Rolex watches

Source: www.politie.nl
According to the Netherlands Police (politie.nl), police in eastern Netherlands arrested two men on September 9 on suspicion of using counterfeit EURC cryptocurrency to purchase multiple Rolex watches on the secondhand platform Marktplaats. After making the payment, victims discovered that the received tokens were counterfeit and worthless. Following exposure on the TV program "Plaats Delict," police identified the suspects through viewer tips. The two men are a 24-year-old from Geleen and a 45-year-old from Leiden. During searches, firearms and drugs were found at the former's residence, resulting in a 14-day detention; the latter has been released but remains a suspect in the case. Police have warned the public to exercise caution regarding cryptocurrency payments and to avoid unfamiliar payment methods.