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News with the tag "Cryptocurrency Ponzi Scheme"

Promoter of Cryptocurrency Ponzi Scheme Sentenced to 20 Years in Prison

Coincu
16:44 16-10-2024

Juan Tacuri, a major promoter of a cryptocurrency Ponzi scheme, was sentenced to 240 months in prison.
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news News cryptocurrency Cryptocurrency Ponzi Scheme DOJ

86-year-old to pay $14M after admitting to running crypto Ponzi scheme

CoinTelegraph
06:26 09-10-2024

Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health.
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David Lee Kagel cryptocurrency Ponzi scheme California attorney conspiracy to commit fraud crypto trading scam