15-year prison sentence for someone who makes fraudulent investment promises in cryptocurrency
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer 15-year prison sentence for someone who makes fraudulent investment promises in cryptocurrency
A court in the United States of America has sentenced a Swedish man to 15 years in prison for stealing and defrauding his victims of more than $16 million.
As for the charges against him, they are securities fraud, electronic fraud and money laundering.
Roger Nils Jonas Carlson was detained on the island of Koh Chang off the coast of Thailand in mid-2019 under an Interpol injunction, then handed over to the US authorities.
According to the US Securities and Exchange Commission (SEC), Carlson and his company, Eastern Metal Securities (EMS) defrauded more than 3,500 victims in 46 countries.
Carlson urged victims to buy shares in his fraud scheme with promises of astronomical returns.
Read:“Google” applies to register a trademark “Non-Fungible Planet” … Does this have anything to do with NFT?
He falsely claimed that he was selling investment products, including gold.
Among the promises made by “Carlson” to provide a return of 450 times.
Carlson also promised that if it did not happen, he would return at least 97 percent of the money invested.
Carlson collected most of his victims’ money in bitcoin but instead of investing, he transferred it to his personal bank accounts.
Use the deposits to buy expensive homes, a racehorse and a resort in Thailand.
Created in late 2012 and disbanded after 7 years, Carlson Scheme defrauded hundreds of gullible people who invested their retirement money in an apparent scam, with no guaranteed high returns at once.
To continue defrauding investors, Carlson rebranded, displaying fake account updates and statements, to convince investors of the safety of their assets.
Now the court has ordered him to confiscate the Thai resort and several other properties, along with a cash judgment of $16.2 million.
According to the US Department of Justice website:
The United States is seeking compensation on behalf of the victims of “Carlson”.
Read:A Kuwaiti bank announces a payment service powered by Ripple technology
A restoration order is expected to be entered by the court within 90 days.
Read also:
Visa and 50 Crypto Platforms Collaborate to Enable Cryptocurrency Payments for Over 70 Million Merchants
ETH Price Analysis: Will the Ethereum Price Recover Soon?
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time