0716 GMT December 17, 2018
Farhad Zahedifar, the CEO of the Samen Coin website, who defrauded thousands of people of hundreds of millions of dollars, was arrested and returned to Iran, announced the country’s police force on Saturday.
Zahedifar, who fled from Iran to Dubai in mid-September, was spotted by the Iranian Cyber Police in a third neighboring country.
The Interpol helped the Iranian police in the hunt.
Seyyed Kamal Hadianfar, the head of the Iranian Cyber Police, said 1,700 complaints had been registered against Zahedifar, IRNA reported.
The online company sold gold coins, which have been in high demand during a rapid decline by Iran’s currency.