The US Department of Justice (doj) has announced a verbal sentence of Bodixter prison, and has been sentenced to an online character known as TJ Stone as imprisonment for wire fraud. It was claimed that the convict had suffocated many reassuring victims of more than $ 2 million in a complex investment fraud.
The encryption effect is deceiving the victims of more than $ 2 million
According to statement By the Ministry of Justice, the Eastern Province in New York, Thomas John Sereraga, known as TJ Stone, presented himself to society as a firm serial businessman between 2016-2022 with many businesses in real estate, podcasts, media, and cryptocurrencies.
Using this wrong image, the criminal enables the money to seek money from individuals in Brooklyn, Statin Island and Long Island. TJ Stone eventually deceived his victims to believe that these funds were to invest in real estate and some encryption projects, as his most prominent work in building Homes LLC and Vandelay Contracting Corp.
In particular, raised a $ 100,000 loan for a supposed construction company, with persuading someone else to invest in an existing encryption portfolio and promised a 60 % return in three months. However, the Ministry of Justice reports used these investments for personal expenditures, and the victims and partners have previously prompted Mirage to manage the actual business. In fact, Stone deceived at least 17 victims of $ 2 million.
Commenting on the actions of the convicts, the Attorney General of the Eastern Region in New York, John Durham, said:
SFRAGA categorically stole friends, adjacent neighbors, parents of children who played in teams with his children, as well as from individual cryptocurrencies investors.
After investigating his shaded actions, Stone fled to Arizona under a fake name, but he was finally arrested in Las Vegas. In May 2024, Mr. Sfraga acknowledged that he was guilty of custody of wire fraud.
Penalties and compensation
In the wake of the American boycott judge, Frederick Block, on March 13, sixty was sentenced to 45 months in prison, and less than the maximum fraud in wires in 240 months. In addition, the convict is to pay $ 1,337,000 from confiscation with the amount of recovery for victims have not yet been determined.
In other news, the general Crypto Market is currently witnessing an increase with the total maximum market by 2.12 %. Bitcoin It rises by 3.21 % from $ 84,000 with the maximum market now about $ 1.67 trillion. Meanwhile, Altcoins is prominent like Ethereum (ETH), XrpSolana (SOL) has also gained 1.22 %, 5.64 % and 7.21 % in the past 24 hours.
Distinctive image from Istock, tradingvief chart
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