The American Tiktokter confessed to laundering money using cryptocurrencies – Bits Media

Former popular Tiktoker from the USA Danish Sakhadevan (Deenish sahadevan) found himself guilty of fraud with payments by COVID-19. He laundered the funds received from the state through cryptocurrencies.

Sakhadevan gained popularity on the Tiktok social network with "Investment Councils" on cryptocurrencies and shares. The famous Business Insider publication even released an article with its forecasts and strategies for cryptocurrency trading in 2022 year. but, As it turned out, For a beautiful life, he “earned” fraud - fed tax returns and bank statements for that, to receive payment on COVID-19 from the state.

In total, he gave 71 Fake application for participation in the salary protection program (PPP), within which the US authorities issued loans for citizens who have lost their work. The amount of applications was $941 000, But he only got $146 000. He also received $284 000 Within the framework of the loan program on economic losses (EIDL). Sakadevan was washed through funds through trading in the stock market and cryptocurrencies.

He used the money for his own enrichment, And also helped his girlfriend. In February, during a search of the house of a former tiktoker, the police discovered 18 driver’s licenses, executed on third -party people. Sakhadevan is confiscated all funds, obtained illegally. Besides, He will have to pay a fine in the amount $430 000. For fraud to the ticker threatens 32 year of prison.

Earlier Commission for Trade Futures of the United States (CFTC) sued five Americans for promoting the IComtech cryptocurrency scheme.