Inside the PROCAP Scam: How a Cross-Border Fraud Operation Manufactured Legitimacy

[Vantage Point] PROCAP: How a scam came to look legitimate

A look at how an apparently well-organized, cross-border operation combined gaming, cryptocurrency, referral networks, purported insurance, technology, international events, prominent personalities, and genuine early payouts to manufacture credibility on an extraordinary scale

By Val A. Villanueva