Several Dutch banks were suspicious of βmiracle investorβ Max R., who was arrested last month on suspicion of stealing 26 million euros from at least 80 customers in a Ponzi scheme, as early as 2019 and reported their suspicions to the Financial Intelligence Unit, Financieele Dagblad reports. How the 26-year-old Amsterdam man remained free to defraud people for four more years is unclear.
βWell-informed sourcesβ told FD that ING closed R.βs bank account in 2019. Rabobank refused to open an account for him that same year. And online bank Bunq broke ties with him a year later.