86-Jähriger muss 14 Millionen US-Dollar zahlen, nachdem er zugegeben hat, ein Krypto-Ponzi-System betrieben zu haben
https://cointelegraph.com/news/86-year-old-pays-14-million-for-running-crypto-ponzi-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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tldr; An 86-year-old former attorney, David Kagel, has been sentenced to five years probation and ordered to pay nearly $14 million after admitting to running a crypto Ponzi scheme. From 2017 to 2022, Kagel and accomplices defrauded investors of at least $15 million by promoting a fraudulent crypto trading scheme. Kagel used his law firm’s letterhead to gain trust, falsely promising high returns with no risk. His law license was revoked in 2023 for misappropriating client funds. Kagel is in hospice care and will serve probation there.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
86 year old and still running a Ponzi scheme and in crypto as well, very impressive !
What coin did he ponzi?
> Kagel helped promote the crypto scam by drafting letters on his law firm’s letterhead, which were then sent to victims.
Scam dms are evolving. Tinder linkedin and even your real mailbox is not safe
86 year old? You gotta be kidding me.