Indictment Unsealed in Puerto Rico Charging Two Men in $650 Million Omegapro Investment Fraud
2025-07-09 09:40:32
Description
An indictment was unsealed on Tuesday in the District of Puerto Rico, charging Michael Shannon Sims, 48, and Juan Carlos Reynoso, 57, for their alleged roles in operating and promoting Omegapro, an international investment scheme that defrauded investors of over $650 million, primarily via cryptocurrency. According to court documents, Sims, a founder and promoter of
Latest News
- Elon Musk’s America Party Will Embrace Bitcoin and Prioritize Epstein List2025-07-09 17:38:59
- Top 5 Crypto Tokens to Watch and Buy in July 2025: XRP, SOL, SUI, HYPE, LILPEPE2025-07-09 17:26:14
- Crypto ETF Momentum Holds: Bitcoin Adds $80 Million, Ether Nets $46 Million2025-07-09 16:35:10
- Publicly Traded Mining Firms Face Pressures While Bitmine Shares Surge2025-07-09 15:35:44
- Shekel Reaches 30-Month High Against Dollar Amid Geopolitical Developments2025-07-09 15:13:50