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The scheme promised 20x returns through investing in tokens that in reality had little value.

#bankruptcy #fraud #money laundering #ontario securities commission #investment fraud #crypto king #aiden pleterski #colin murphy #canadian police #durham regional police #ap private equity

Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.

#ponzi scheme #fraud #cryptocurrency #arrest #scam #fbi #indictment #damian williams #new york court #james smith #idin dalpour #investment fraud #las vegas hospitality #financial crime #investor fraud

The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.