• Joseph Taschetta was recently awarded Officer of the Year for uncovering an international cryptocurrency fraud ring.
• The case started with a single woman in Pensacola who had been scammed out of $10,000 via a fake Bitcoin outlet.
• After freezing the funds, Taschetta discovered that this was part of a much larger scheme involving victims from multiple states and referred the case to the Secret Service.
Joseph Taschetta Uncovers Massive Crypto Fraud Ring
Joseph Taschetta has recently been dubbed the 2022 officer of the year by the Pensacola police department after discovering an international cryptocurrency fraud ring. He was able to trace it back and freeze orders when he stumbled upon a victim who had been scammed out of $10,000 via a fake bitcoin outlet.
Taschetta Digs Deeper Into Scheme
Upon freezing the funds, Taschetta realized this was part of a much larger scheme involving victims from multiple states. He used his police department’s software system to link crypto addresses to fraud cases in Ohio, Florida, Texas and Louisiana. All these victims had been scammed by the same person.
FBI Not Suited For Case
Initially, Taschetta contacted the Federal Bureau of Investigation (FBI) about taking over the case but they were not suited for this kind of investigation due to their lack of understanding about cryptocurrencies. He then referred it to the Secret Service instead where all stolen funds will be returned in due time.
Taschetta’s Dedication Rewarded
Taschetta’s dedication and hard work is what led him to be rewarded as Officer Of The Year in 2022 for uncovering this massive crypto fraud ring. His ability to pull on threads relentlessly until he unraveled exactly what needed unraveling is what set him apart from other officers investigating such cases.
Crypto Fraud Should Be Taken Seriously
The discovery made by Joseph Tascheta shows how important it is for authorities take crypto-related crimes seriously as they can have real world consequences if left unchecked or ignored due to lack of understanding or resources available at hand.