A man extradited to the U.S. from Spain in August 2013 has pled guilty to participating in an investment scheme that victimized hundreds of investors worldwide and netted $16 million in profits.

Anthonie Sparrow, a resident of Spain who was charged in December 2009, entered his plea on Wednesday in Manhattan federal court, according to a press release issued by the U.S. Attorney’s office for the Southern District of New York.

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