Closed BitCoin Clients Storm DEC Offices Demanding their Money

Clients of Heritage Coin Resources Limited have stormed Drug Enforcement Commission offices housed at the Former Ministry of Justice offices for the second time seeking answers on when they will be paid their money following the seizure of the account of Bitcoin Company last year.

This relates to a matter where DEC arrested and jointly charged three directors of Heritage Coin Resources Limited for money laundering activities involving over 28 thousand Kwacha which is contrary to the Laws of Zambia.

Particulars are that the suspects, on dates unknown but between 1st June, 2018 and 15th October, 2018 jointly and whilst acting together did provide banking business, financial business without a license, by collecting deposits from the public disguised as partnership fees and participated in a money circulation scheme involving K 28,346,800.00 by purporting that the company was investing the money collected as partnership fees from the public into Cryptocurrency trade on the web on behalf of the partners when in fact not.

However the complainants were turned away as officers handling their case were allegedly out of station.

They have since resolved to stay put until they are attended to.