‍Venezuelan Police Arrest Fugitive in $120M Generación Zoe Fraud

Authorities in Venezuela have apprehended Rosa María González, a key figure in the Generación Zoe cryptocurrency scandal. She is accused of orchestrating a Ponzi scheme that defrauded global investors of over $120 million. At the time of her disappearance in 2022, González controlled approximately 611 BTC.

The scheme promised unrealistic weekly returns of up to 7.5%, falsely claiming to use gold-backed assets and advanced trading bots. Investigations revealed no sustainable business model, with payouts funded by new investors. The arrest is a significant step in recovering funds and prosecuting those responsible for this cross-border crypto fraud.

https://cryptovka.ru/en/news/8753/venezuelan-police-arrest-fugitive-in-120m-generaci-n-zoe-fraud