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Market News

Police arrest fake Uber driver for stealing $300k in Crypto

Written By:
Pari Shukla

Reviewed By:
Gopal Solanky

Last updated: December 17, 2024 5:58 PM
Published 2024-12-17
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Last updated: December 17, 2024 5:58 PM
Published 2024-12-17
Police arrest fake Uber driver for stealing $300k in Crypto

Arizona police have arrested a fake Uber driver on charges of stealing more than $300,000 in cryptocurrency from unwitting passengers. He pretended to be an Uber driver and used to target drunk or distracted individuals. 

As per the Fox10Phoenix report, Nuruhussein Hussein, the accused driver, is now on felony charges of theft, fraud and money laundering, Scottsdale Police Department said in a statement.

According to police, the suspect used advanced techniques to access the cryptocurrency applications, by stealing private keys and making unofficial transactions. 

After picking up customers, Hussein would ask victims for their mobile phones saying he wanted to look up directions or want to connect the Uber app, and then he used to transfer cryptocurrency from the victim’s digital wallet to his own digital wallet.

The victims were not even able to realize that their money was missing, and this suspect had already sent the cryptocurrency to wallets that were undetectable.

The suspect has been locked up in Maricopa County Jail and both police and the Secret Service are continuing their investigation. He has been charged with two counts of money laundering, two counts of fraudulent schemes, and two counts of theft. As per reports, He will appear in court for a bond hearing again on Dec. 18.

Read: Nigeria arrests nearly 800 suspects in crypto romance scams

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Pari Shukla - Crypto Journalist at The Crypto Times
By Pari Shukla
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Parmeshwari Shukla is a Content Writer with over 3 years of experience in digital media, including 1 year in crypto news and journalism. She holds a Master’s degree in Mass Communication and a certification in Sports Journalism, bringing versatility and a strong editorial sense to her work.
Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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