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Two Belgians arrested as key figures behind fraudulent c…

The cryptocurrency Vitae, which convinced more than 220,000 investors worldwide, has fallen by the wayside. The fictitious coin was the pivotal figure in a classic system of pyramid fraud. Headed by two Belgians from Antwerp: Mendy Z. and Shrage P. The two have been arrested on suspicion of large-scale fraud. More than 1 million euros, almost 1.5 million in virtual currency and 17 luxury cars have been seized.

In promotional videos on Youtube, the Antwerp businessman Mendy Z. shows himself as honest, honest and extremely reliable. As the face of the new social media platform Vitae, he tries to …

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