Polish Citizen Detained in Montenegro for $21 Million Crypto Fraud

Polish citizen Roman Siemian, co-founder of digital currency trading platform FutureNet, has been detained in Montenegro in connection with allegations that he defrauded users of approximately $21 million.

Ziemian had been missing since he escaped from house arrest in Italy in 2022, with international warrants issued by Poland and South Korea for his capture.

His detention was the result of a coordinated international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian was found hiding under a false identity in a newly built residential area in Podgorica.

During the operation, officers from the Anti-Crime Branch – High Tech Crime Group and the Regional Security Centre “Centar” conducted searches and seized various technical devices and items allegedly related to criminal activity.

READ MORE:

Malaysian Authorities Destroy $450K Worth of Bitcoin Mining Equipment

Siemian is suspected of money laundering, theft and other economic crimes. His business partner in FutureNet, Stefan Morgenstern, was arrested in Greece and subsequently in Albania in 2023, according to police reports.

Ziemian is expected to appear before an investigating judge at the Podgorica High Court, where it will be determined to which country he will be extradited.

Alexander Stefanov