The founder of the Mining Capital Coin is accused of fraud on $62 million – Bits Media

The US Department of Justice was official charges to the founder and general director of Mining Capital Coin in creating an international fraudulent scheme for $62 million.

The press release is noted, that a 44-year-old resident of the city of Port Sent Lusi in Florida Luis Cabbage-Jr. (Luiz Capuci Jr.) He offered investors the opportunity to earn in Mining and Investment "Mining Capital Coin programs (MCC). Clients were offered the so -called “mining packages” - access to the hashrate of equipment for the production of cryptocurrencies. The more the "package" was, the more the promised profit was. but, The company did not have any equipment.

Besides, Kapuchi Jr. launched the Capital Coin token and promoted it as related to a decentralized organization. According to CEO MCC and his accomplices, This organization "operated on the largest cryptocurrency mining structure in the world". In the assortment of its products were also trading bots, which, As promised by the cabbage, Jr., allowed to receive practically guaranteed income in cryptocurrency markets thanks to the "unique technology".

According to representatives of the US Ministry of Justice, Fraudsters did not use the received funds for mining, but just put it in a pocket. Payments to the old participants were provided at the expense of the influx of funds from new victims. The total damage from the actions of Luis Kapuchi Jr. and his accomplices was more $62 million.

“This business should be a warning to all people, who think, that they can lure innocent investors into an attractive and developing cryptocurrency market for fraud ", - emphasized agent Anthony Salisbury (Anthony Salisbury).

Recall, that at the end of April, the department accused the creator of Block Bits of fraud on $1 million.