4 entries tagged “fugitive”.
Sole owner of Control-Finance Ltd, a UK-based Bitcoin 'trading' operation the CFTC called a fraud. He solicited ~22,858 BTC (~$147M) in 2017 promising guaranteed profits, made no trades, and misappropriated the funds. A 2021 default judgment ordered $143M restitution + $429M in penalties.
Founder/creator of SafeMoon. Charged by the SEC and DOJ in 2023 over the SafeMoon scheme; per the DOJ he remains at large while co-defendants Braden Karony (convicted) and Thomas Smith (pleaded guilty) faced sentencing.
Founder of BitConnect, which the U.S. DOJ called a $2.4B Ponzi scheme. Indicted in February 2022 on wire-fraud, money-laundering, and price-manipulation conspiracies, he vanished and remains a fugitive (reportedly traced by Indian authorities to Ahmedabad).
Co-founder of OneCoin, the multi-level-marketing scheme that the U.S. DOJ says took in more than $4 billion. Known as the 'Cryptoqueen', she disappeared in 2017 and is on the FBI's Ten Most Wanted list.