Mar 14, 04:05 PM

NCA Officer Paul Chowles Charged with 15 Criminal Offences for Theft of 50 Bitcoin Worth £60,000

The Crown Prosecution Service has authorized charges against Paul Chowles, a 42-year-old officer of the National Crime Agency (NCA), for 15 criminal offenses related to the alleged theft of 50 Bitcoin during a 2017 organized crime investigation. The total value of the stolen Bitcoin is estimated at £60,000, approximately $4.2 million at current rates. Chowles faces multiple charges under the Proceeds of Crime Act, highlighting issues of custodial responsibility within law enforcement agencies. The case underscores the complexities surrounding cryptocurrency theft and the legal ramifications for those in positions of authority.