Credit: Iaroslav Danylchenko phoographer/Adobe Stock Pa. Attorney, Brother Charged With Bilking Cryptocurrency Investors Out of Tens of Millions
According to statement from the U.S. Attorney's Office for the Western District of Pennsylvania, "the defendants conspired to defraud investors in a limited partnership that was represented as an investment in cryptocurrency. Investor funds were not invested in the manner represented to investors but were rather diverted into the defendants' personal accounts and provided to entities having nothing to do with cryptocurrency."
August 12, 2021 at 07:05 PM
4 minute read
A northwestern Pennsylvania attorney and his brother have been charged by a federal grand jury with allegedly scamming cryptocurrency investors out of tens of millions of dollars.
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