Swedish citizen pleaded guilty to cryptocurrency fraud on $16 million – Bits Media

Sweden citizen found himself guilty of charges of granted securities fraud, using electronic means and theft more $16 Milln in cryptocurrency in 3 500 Human.

According to a statement from the U.S. Department of Justice, Roger Nils-Jones Karlsson (Roger Nils-Jones Karlsson) talked with his victims, attracting them in investment in various fictitious schemes using cryptocurrencies. He admitted, that in the period from November 2012 years to June 2019 he deceived at least a year 3 575 victims in the amount more $16 million.

Karlsson worked under several pseudonyms, Used the web site of his company Eastern Metal Securities to advertise investment in the “pre-financed reversal pension plan” by price $98 per share. According to this plan, investors had to receive a payment in the amount 1.15 kg gold per share.

For the arrest of Karlsson in Thailand in June 2019 his extradition to the United States followed, And next month he was charged. Each charge of fraud and laundering of money entails the maximum punishment in the form of imprisonment 20 years and fines in the amount of $250 000 and $500 000, respectively.

Recall, that last month the US prosecutor's office accused Citizen of Serbia of cryptocurrency fraud on $70 million, And the UK police, with the support of Europol, arrested eight fraud suspects with SIM cards. The group stole fiat currencies and crypto acts on $100 million.