Tag: Marco Ruiz-Ochoa

Attention: The Rise of Fraudulent Crypto Schemes Post-SEC ETF Approval!

Crypto Schemes Ben - January 11, 2024

In a cautionary tale for investors, David Carmona, founder of the notorious iComTech Ponzi scheme, has recently pleaded guilty to conspiracy to commit wire fraud, facing up to 20 years in prison. This case underscores a worrying trend that we at FinTelegram expect to see more of, particularly in the wake of the SEC's recent approval of crypto ETFs. Scammers are typically very competent in using new trends for their fraud business.

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