The Prosecutor's Office in Rijeka, Croatia, today filed an indictment against Luka Burazer, the director of the failed cryptocurrency trading firm BitLucky, and his two associates, for defrauding 220 cryptocurrency investors of at least 4,6 million euros.
The Municipal State Prosecutor's Office announced that from March 26, 2018 to May 31, 2023, they concluded contracts with at least 220 investors to invest in virtual currencies for a period of one year. In order to motivate them to invest, they falsely presented to investors that they would immediately pay them their invested amount and additional earnings upon request, while assuring them that their investments were safe.
They invited investors to invest, received deposits from them in cash, by depositing into an account and transferring virtual currencies to "digital wallets".
They did this even though they knew that their cryptocurrency trading company - BitLucky, a trading company based in the Rijeka area, would not trade the transferred virtual currencies that the defendants used for their own needs.
The prosecution charges them with transferring payments received through "digital wallets" to other "digital wallets" and converting some of them into official currencies. In this way, they damaged investors by at least 4,6 million euros.
Although the prosecution did not name the defendants, only stating that they are Croatian citizens, the media reported that the defendants are Luka Burazer and his associates Eugen Travalja and Vedrana Golušin.
They were arrested in late 2023 on suspicion of defrauding hundreds of clients and causing millions in damage by misrepresenting facts when trading cryptocurrencies.
The media reminds us that their company stopped operating when citizens started filing criminal charges because they couldn't get their money.
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