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Italian bank Fideuram lost €95M in a fraud scheme involving fake execs and Bitcoin transfers.

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Italian bank Fideuram lost €95M in a fraud scheme involving fake execs and Bitcoin transfers.

Italian private bank Fideuram was defrauded of over €95 million through an impersonation scam where fraudsters posed as top executives to authorize 11 payments. More than €36 million of the stolen funds were funneled through international accounts into two Bitcoin wallets. Authorities have blocked or frozen parts of the funds in China and Portugal, while prosecutors are tracing the cryptocurrency transfers across multiple countries. A suspect, an Israeli man, is under investigation for fraud and identity theft, and Fideuram's former chairman resigned but is not implicated in the crime.

The story about the Italian bank Fideuram's €95 million fraud provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 29, 2026 16:02 WIB: out of 50 priced assets, 33 rose and 15 fell. Notable movers include SXP down 46.27% at Rp37, CRV up 20.00% at Rp7,069 with 78% buy order activity, and AAVE up 12.71% at Rp2,999,654 with 60% buy order activity.

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