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Regulation

Richard James Schueller Detained in Istanbul in Crypto Fraud Probe

Image: TokenPost

Turkish police detained Richard James Schueller and his wife in Istanbul on Oct. 14 in a case tied to an Interpol red notice over suspected large-scale cryptocurrency fraud. An Interpol red notice and an arrest warrant originating in Finland concerned suspected large-scale cryptocurrency fraud. After confirming Schueller's location, police monitored the residence and tracked him before making the arrest that morning. Istanbul police intelligence and financial-crimes units carried out the operation with support from Turkish intelligence. Schueller was taken to a police station for questioning, and the investigation into both spouses remained ongoing.

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