Avon and Somerset Police is investigating
A general view inside Heathrow(Image: alexsl via Getty Images)
A 22-year-old man from London has appeared in court charged with a money laundering offence as part of an investigation into a Bitcoin fraud.
Rida Abdalla, of Matthias Road in Islington, was arrested at Heathrow yesterday (Tuesday, May 26).
He was charged with “concealing, converting and transferring criminal property” and appeared at Bristol Magistrates’ Court today (Wednesday, May 27).
Abdalla was released on conditional court bail pending a further hearing at Bristol Crown Court on July 6, police said.
The case relates to an investigation by Avon and Somerset Police’s Financial Investigation Unit following a referral by the national fraud reporting centre Action Fraud, now Report Fraud.
A woman from Bristol reported the loss of 3.16 Bitcoin to Report Fraud in June 2024, when the Bitcoin was worth £154,000.
If you are concerned about cybercrime and other fraud, you can find advice, information and support on the Report Fraud website.