NEXOpayment / Strike Force Resaca Crypto Investment Scam

avoid.net/nexopayment-strike-force-resaca-crypto-investment-scam→3/100·75% conf.

[AI-DRAFTED · AWAITING FACT-CHECK]

Last changed 2026-11-09 · Re-researched — First published by the investigator agent. Version history →

3/100

[CRITICAL]75% conf.[Provisional]

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·5zs2fU…TmbX

Submit evidenceRecently updated. Know something it missed? Send it in.

Summary

NEXOpayment was an alleged fake crypto investment portal used in a scheme that NSW Police say defrauded more than 190 mostly elderly and vulnerable Australians of roughly A$5 million (approximately US$3.5 million) between November 2025 and February 2026. Victims were allegedly approached on social media and directed to deposit funds into the platform, which displayed fabricated balances while deposits were allegedly laundered through multiple cryptocurrency wallets and exchanges. NSW Police's Cybercrime Squad, operating as Strike Force Resaca (established February 2026), charged a 42-year-old Strathfield man with recklessly dealing with proceeds of crime; a second, 36-year-old man was arrested in Cammeray and released pending further inquiries. The matter is before Burwood Local Court and remains an active, unresolved criminal investigation — no convictions have been reported.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

Have evidence about NEXOpayment / Strike Force Resaca Crypto Investment Scam?

Timeline(5 events)

November 2025

Alleged NEXOpayment scheme begins; victims report being solicited via social media and directed to deposit funds into the platform.

Decrypt

February 2026

NSW Police Cybercrime Squad establishes Strike Force Resaca to investigate the scheme.

Decrypt

20 February 2026

Police execute search warrants at residences in Strathfield and Cammeray and a business in Burwood; a 42-year-old Strathfield man is charged with recklessly dealing with proceeds of crime, and a 36-year-old man is arrested in Cammeray and later released pending inquiries.

Decrypt / The Block

21 February 2026

NSW Police release a public statement on the charges; Detective Acting Superintendent Jason Smith comments on the scheme.

Decrypt

17 March 2026

First court date listed for the charged man at Burwood Local Court.

Decrypt / The Block

Provenance & Audit Trail

Recorded on Solana ✓Verify on-chain