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“Belgian man embezzles almost 4 million euros in cryptocurrency investment scam”

Between November 2017 and September 2018, Ghislain E. was entrusted with nearly 4 million euros. He promised, by investing in cryptocurrencies, phenomenal returns of up to 80%.


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Reading time: 6 mins

Lhe incredible story finds its source in November 2017. A first victim entrusts 75,000 euros to Ghislain E. The 48-year-old Belgian promises, with powerpoint support, a risk-free investment, with barely believable returns. On average, between 40 and 80% interest rate within six months, depending on the contracts. The miracle of cryptocurrencies, it seems. From February 2018, customers are piling up. From 17,000 euros in February, the man is entrusted with nearly 1.5 million euros in June. First as a natural person, then via his company Quantum Intelligence. In total, he will be awarded nearly 4 million euros. This is at least the damage declared by the civil parties (young people, less young people, people who have just retired and several companies). In reality, the sums could be much higher.




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