Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
Andreas Szakacs, the co-founder of collapsed crypto and forex platform OmegaPro, was arrested in Turkey in July, alleged to have defrauded investors through a $4 billion crypto Ponzi scheme.
According to an Aug. 22 report from local Turkish media, Szakacs is accused of duping investors by offering huge returns through OmegaPro’s “automated trading” algorithm, accumulating their funds before eventually locking their accounts.
Szakacs, a Swedish citizen who changed his name to Emre Avci after relocating to Turkey, has denied the allegations.
