A Canadian man accused of overstaying his visa within the US has been charged in an alleged cryptocurrency fraud scheme that authorities say stole greater than $13 million from victims by impersonating crypto assist brokers.
Based on the U.S. Legal professional’s Workplace for the Southern District of Florida, 19-year-old Trenton Richard David Johnston allegedly posed as a assist consultant for a preferred search engine and crypto-related firms to achieve entry to victims’ digital accounts and cryptocurrency wallets whereas residing within the Miami space.
Prosecutors say Johnston and his co-conspirators transferred victims’ crypto holdings for their very own profit, inflicting losses exceeding $13 million.
Authorities additionally charged 28-year-old Brandon Michael Tardibone of Miami, alleging he harbored Johnston whereas he was unlawfully current within the US and helped launder proceeds from the scheme.
Federal prosecutors declare the pair used greater than $1 million in illicit proceeds on luxurious autos, jewellery, and nightlife bills.
Johnston faces expenses of conspiracy to commit wire fraud and conspiracy to commit cash laundering. If convicted, he may withstand 20 years in jail on every depend.
Tardibone is charged with conspiracy to commit cash laundering and harboring an alien within the US, expenses that carry potential jail sentences of as much as 20 years and 10 years, respectively.
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