Articles for tag: cryptocurrency risks, cryptocurrency scam, Financial Deception, Francier Obando Pinillo, Investment Fraud, legal consequences, Pastor Fraud

January 13, 2025

Pastor’s “Divine Dream” Crypto Scheme Indicted: Uncle Sam Takes Action Against Fraudulent Activities

A Miami pastor named Francier Obando Pinillo is facing serious charges related to a cryptocurrency investment scheme that he claims was inspired by a dream. The U.S. Attorney’s office has indicted him on 26 counts of fraud for allegedly tricking investors out of millions between 2021 and 2023. Pinillo, who led a Spanish-speaking church in ...

January 13, 2025

Market News

Crypto

Three Russian Nationals Indicted for Money Laundering Scheme Using Cryptocurrency Mixers: A Major Legal Crackdown

Three Russian nationals have been charged with operating cryptocurrency mixing services, Blender.io and Sinbad.io, which allegedly helped launder criminal proceeds. Their charges, unveiled by a Georgia grand jury, stem from an investigation showing these platforms facilitated cybercrime and threatened national security. Arrested on December 1, Roman Ostapenko and Alexander Oleynik are facing serious charges, while ...