Security Incident
Vitae Scam: $1.12M Reported Loss
European Union legal body Europol has cracked down on the Belgian Ponzi scheme Vitae.
- Reported loss
- $ 1,119,810
- Attack category
- Scam
Incident Overview
Europol raided 17 locations associated with the site, which were advertised as social media sites with their own cryptocurrencies, confiscating German currency and luxury cars totalling over 1 million euros. The company operates in Switzerland under the name VITAE AG.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.