Turin fake-bank Ponzi scheme (gold & crypto)
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anchored·3MRrVM…TSU9Summary
Italy's Guardia di Finanza in Turin uncovered an alleged Ponzi scheme in which organizers set up a fake London-registered 'bank' with purported branches in Turin and Spain to solicit gold and cryptocurrency investments from hundreds of savers, raising over 6 million euros between 2021 and 2023. Investigators allege no investments were ever actually made, with early returns paid from new investor deposits; twelve individuals have been charged and roughly 1.6 million euros in cash and assets were seized, in a case coordinated by the Turin Public Prosecutor's Office.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(3 events)
2021
Alleged start of the scheme's fund-collection period, during which organizers solicited gold and cryptocurrency investments through the purported London-registered bank with branches in Turin and Spain.
Il Sole 24 Ore2023
Alleged end of the fund-collection period; by this point more than 6 million euros had reportedly been raised from hundreds of savers.
SpazioCryptoOctober 2026
Guardia di Finanza in Turin, coordinated by the Turin Public Prosecutor's Office, executed asset seizures of over 1.6 million euros in cash, real estate, land, and company shares; twelve individuals were charged in connection with the scheme.
Il Sole 24 Ore / TorinOggiDecision Log
- hash: AhyRwFecf4wDVpBbokZrHT6794h62uGe7knGAcZvDr4T
This investigation is cryptographically anchored to the Solana blockchain (1 event). 0 of 5 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 10/4/2026, 8:13:12 PM
last updated: 10/4/2026, 8:13:18 PM
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