https://www.cnbc.com/2024/01/19/crypto- ... fVjKUVeFiIFederal prosecutors on Friday announced charges against a German businessman, alleging he scammed investors out of more than $150 million in a crypto fraud scheme.
Prosecutors said Horst Jicha promoted USI Tech, the company he founded and helmed as its CEO, as a crypto mining and trading platform “accessible to the average retail investor.” But in actuality, Jicha and two unnamed co-conspirators, both USI Tech executives, lured and defrauded investors in a “multilevel marketing scheme,” prosecutors allege.
Crypto fraud
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- A Councilor of the Kabosh
- Posts: 3096
- Joined: Sat Oct 23, 2010 7:01 am
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Crypto fraud
Ran across this article and thought I'd share.
Disciple of the cross and champion in suffering
Immerse yourself into the kingdom of redemption
Pardon your mind through the chains of the divine
Make way, the shepherd of fire
Avenged Sevenfold "Shepherd of Fire"
Immerse yourself into the kingdom of redemption
Pardon your mind through the chains of the divine
Make way, the shepherd of fire
Avenged Sevenfold "Shepherd of Fire"
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- Tupa-O-Quatloosia
- Posts: 1756
- Joined: Thu May 29, 2003 11:02 pm
- Location: Brea, CA
Re: Crypto fraud
Some would say Crypto is fraud, at best.
I'm not convinced they're wrong.
I'm not convinced they're wrong.
Arthur Rubin, unemployed tax preparer and aerospace engineer
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