Police Use AI Tech To Locate And Arrest Gang Suspected Of $1.9 Mln Armed Bitcoin Heist

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Law enforcement Use AI Tech To Find And Arrest Gang Suspected Of $1.9 Mln Armed Bitcoin Heist

Police in Dubai have arrested 10 associates of a gang who reportedly stole 7 mln AED ($1.9 mln) in an armed Bitcoin heist in the Al Muraqqabat area of Dubai on Wednesday, Gulf Information reports Sunday, April 29. Lieutenant Colonel Adel Al Joker, Director of Legal Investigation Section (CID), told Gulf Information:

“The brothers searched randomly in the current market to purchase Bitcoin. The gang lured them boasting they can promote them Bitcoin.”

The victims, documented to be two brothers, arranged to meet up with users of the gang to settle the transaction in an vacant business office, wherever they ended up then assaulted and robbed at gunpoint. 6 gang associates are reported to have been waiting around for the brothers within the office environment, with 3 some others holding guard outside. According to Lt. Col. Al Joker:

“[The gang] assaulted the two brothers and threatened them, just before ty[ing] their arms and lock[ing] them within the workplace, escap[ing] with the income.”

The gang allegedly procured the keys to the workplace premises by deceiving a neighborhood professional shop proprietor into imagining they ended up interested in buying his licensed residence, Gulf News more stories.

Law enforcement were alerted to the armed robbery on the similar night, April 25, and determined the gang’s leader, a Gulf National, in four several hours. He was arrested in a neighbouring emirate and confessed the criminal offense. In 48 several hours, police experienced positioned the places of his accomplices throughout four distinctive emirates, arresting all 10 and recovering the stolen money.

Important General Khalil Ebrahim Al Mansouri, Assistant Commander-in-Main for Criminal Investigation Affairs, said that Dubai Police’s knowledge examination centre had carried out good programmes and artificial intelligence technologies to quickly trace the gang.

All ten suspects have now been referred to the community prosecution for additional investigation.

Before this month, Cointelegraph described on a heist involving an in-person Bitcoin transaction in Singapore, in which a Malaysian person was assaulted and robbed of $365,000 in funds by two bogus Bitcoin brokers in his lodge.

In January, a St. Petersburg crypto blogger was robbed of 24 mln rubles (around $380 mln) in dollars from a protected in his household, soon after he had “boasted” of his crypto-derived wealth online.

Source

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