Thursday, February 20, 2020

$147 million Gemcoin Scheme Founder Admits to Wire Fraud

Steve Chen, founder of $147 million Gemcoin cryptocurrency scheme, has accepted plea deal and admitted to wire fraud and tax evasion. Chen, also known as “Boss,” agreed that he promoted Gem Coins that helped fleece $147 million from 70,000 vic


#Cryptocurrencies, #Fraud, #Gemcoin, #PonziScheme, #Scam, #SteveChen

No comments:

Post a Comment