A man accused of stealing cryptocurrency through SIM-swap phone fraud is arrested at Heathrow after police say he stole about £200,000 from victims and spent the proceeds on a luxury lifestyle. Accounts across outlets describe purchases including a high-end apartment, luxury trips, and items such as gold-plated teeth grills.

Reports say the alleged fraud involved criminals hijacking victims’ phone numbers, allowing them to access cryptocurrency accounts linked to mobile services. One outlet states the scale of the theft is nearly $265,000, linked to SIM-swap attacks on BT customers in November 2021. Another describes the arrests and the suspected link between the stolen crypto and the spending that followed.

While outlets differ in emphasis—some focus on the arrest details and others on the lifestyle spending—each account ties the case to alleged SIM-swap technique, the compromise of mobile numbers, and subsequent theft from cryptocurrency accounts.