Ohio Funding Supervisor Arrested for Allegedly Operating a M Cryptocurrency Ponzi Scheme

Ohio Funding Supervisor Arrested for Allegedly Operating a $10M Cryptocurrency Ponzi Scheme

by Jeremy

Giri allegedly misled investor by selling himself as an skilled cryptocurrency dealer with a specialty in bitcoin derivatives. In accordance with the indictment, Giri falsely promised traders profitable returns on the cash they invested with him, with no threat to principal. In actuality, he used funds from earlier traders to repay new traders in a traditional Ponzi scheme set-up.

Supply hyperlink

Related Posts

You have not selected any currency to display