PANews
PANews|Jul 17, 2026 01:40
[UK Gang Posing as Police Steals $5.4 Million in Cryptocurrency, Sentenced] According to Protos, a gang in the UK disguised themselves as police officers and created fake police websites. They impersonated law enforcement over the phone to convince cryptocurrency holders to transfer their funds into so-called 'safe accounts,' stealing $5.4 million worth of cryptocurrency. This week, they were sentenced. Hamza Bashir, 23, Kevin Nwamma, 25, and Anthony Ikenwe, 29, were sentenced to six years and nine months, eleven years, and eleven years in prison, respectively. The stolen funds were used to purchase luxury items, including a £60,000 car, vacations to Thailand and Japan, and goods from brands such as Harrods, Hermès, Louis Vuitton, and Rolex. Police also discovered £500,000 in cash in a safe and determined that most of the stolen cryptocurrency had been converted into payment cards. Members of the gang also falsely reported their annual income, with one individual declaring only £444.
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