Michigan police make a cryptocurrency scam arrest over alleged $665,000 Bitcoin fraud

An Escanaba man who believed he was investing in Bitcoin handed over more than $500,000 in cash and shipped another $165,000 via FedEx, Michigan State Police said. The investigation led to the arrest of Zhong Jiang, 34, of Orland Hills, Illinois, in an alleged cryptocurrency scam involving approximately $665,000. Key takeaways Zhong Jiang faces a […]