CryptoCointelegraphabout 2 hours ago
Crypto Ponzi operator faces 280 years
1 min read
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering for a $24 million crypto Ponzi scheme that defrauded at least 400 investors. Kovar owned Profit Connect, which falsely promised 15% to 30% annual returns. Sentencing is set for Nov. 30.
Level
Hype check
Tap to vote and see what everyone thinks.
