Tag: Juan Arellano

Former CEO of Crypto Ponzi Scheme iComTech was sentenced to 5-year prison! More Prison Sentences Expected!

CFTC tamir - January 20, 2024

Damian Williams, the U.S. Attorney for the Southern District of New York, announced the sentencing of Marco Ruiz Ochoa to five years in prison for his involvement in the crypto Ponzi scheme IcomTech. Ochoa, 35, pled guilty to one count of conspiracy to commit wire fraud. Alongside his prison sentence, Ochoa has been ordered to undergo two years of supervised release and to forfeit $914,000 in criminal proceeds.

U.S. Criminal & Regulatory Charges Against Operators Of Crypto Pyramid Schemes!

Court Cases tamir - December 15, 2022

The U.S. SEC charge Francisley Da Silva, Juan Tacuri, Ramon Arias, and Jose Reyes for their roles in creating and promoting Forcount Trader Systems, Inc., a fraudulent crypto asset pyramid scheme that raised more than $8.4 million from hundreds of retail investors primarily from Spanish-speaking communities throughout the United States and other countries. In a parallel action, the U.S. Attorney’s Office for the Southern District of New York announced criminal charges.

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