The British police are the latest in a growing list of foreign countries to be caught up in what is being called the “nest detection” scandal.
A series of undercover police officers have been filmed making fraudulent purchases, stealing from the British economy and engaging in “miscellaneous” fraud in order to collect money from unsuspecting residents.
As part of the latest undercover investigation, undercover officers posing as investors made a series of purchases in the London stock exchange, and then made several purchases using fake ID cards in order for a total of £2,000 to be collected from the exchange.
The first purchase was made by a British woman, who used an identity card which she bought for £2.10, and claimed to be from the “investor” who bought the stock for her.
After purchasing the stock, the woman then purchased another stock for a further £2 of £10.80, and again claimed to have purchased the stock from the investor who bought it.
On the third purchase, a man with the same identity card purchased another £2 worth of stock for £1.20, and he was filmed selling another stock of stock at a similar price.
In each case, the fraudsters pretended to be investors in a stock exchange.
Police said the frauds were carried out in a coordinated fashion.
At the time of the undercover operation, undercover officer Peter Wright was making a series to collect funds from the stock exchange and to pay for a flat of flats in London, which was then used to buy a car, which he then parked in a driveway in the area of the stock Exchange.
Police were tipped off to the operation after a British citizen who bought shares in the stock exchanges, and used a false identity to claim to be a “investigator” to collect the funds, was found to have a car registered in his name.
Detectives said the operation was the latest example of a “nesting detection” operation that has been dubbed “The Nest”.
The Nest is a scam where individuals are instructed to buy shares in a company, and to reselling them at a higher price, before selling them to individuals who are then offered a cash payment of £500, £600 or £700 to purchase a new home or car. “
This is not acceptable and we will work with our partners to identify those responsible and take action against them.”
The Nest is a scam where individuals are instructed to buy shares in a company, and to reselling them at a higher price, before selling them to individuals who are then offered a cash payment of £500, £600 or £700 to purchase a new home or car.
It has also been reported that the Nest was also used by a group of “investors” to buy properties for £250,000, a property for £500 million and a luxury yacht for £300 million.
This latest undercover operation is one of many across the UK that have seen undercover officers using deception to steal money from people.
An undercover police officer posing as an investor has also had his identity card stolen, and is being pursued by detectives in the United States, while another undercover officer posing a man posing as a business owner in China was arrested last year after a series on a Chinese investment company.
Other countries are also now caught up.
In January, undercover police from Spain, France and Italy were arrested for using the Nest to steal the identities of people in Cyprus.
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