a South Korean businessman thought he was making a juicy deal by trading his bitcons - a virtual currency with a very volatile price that flared at the beginning of the year - against hard cash 

Once the Korean national had, as agreed, transferred the cryptocurrency

to a buyers bank account, he recovered a suitcase full of cash money ... Unfortunately it turned out that the notes were fake rude, as the daily public prosecutor of Nice, Jean-Michel Prêtre, has learned. "The technique is very simple: you are offered to invest in Bitcoins, the amount is very attractive, and you pay with counterfeit money," says the prosecutor.

One of the crooks, a Serb resident in France, was arrested by the judicial police ,

before being indicted and placed in pre-trial detention. He is accused of organized fraud, as well as of holding and putting counterfeit notes into circulation.

Source : https://www.cnews.fr