Golden Finance reports that a major fraud trial has opened in Nancy, France, where over 20 defendants are accused of deceiving 1,300 victims through fake cryptocurrency and diamond investment schemes. The scam has siphoned off 28 million euros (approximately 30 million dollars). Investigators revealed that "the defendants opened 19 bank accounts in 199 countries to transfer funds. About 2.8 million euros have been recovered and can be used to compensate the victims."