A 28-year-old man from London, Omar Abdalla, has been charged with money laundering in connection with a Bitcoin scam that defrauded a woman of £154,000. The incident came to light in June 2024 when the victim from Bristol reported the fraud to Action Fraud. She claimed she had been tricked into transferring the Bitcoin during a phone scam.
Following the report, Avon and Somerset Police’s Financial Investigations Unit launched an investigation that led to the seizure of £100,000 worth of cryptocurrency.
Omar Abdalla, from Islington, London, appeared before Bristol Magistrates’ Court earlier this week and was remanded in custody. He is scheduled to appear at Bristol Crown Court on February 24 for further proceedings related to the case.
The investigation continues as authorities work to trace the remaining assets involved in the scam.
