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News Explorer — Man Sentenced to 71 Months for Orchestrating Crypto Ponzi Scheme Targeting Spanish-Speaking Investors

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Dec 19, 4:20 am
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Man Sentenced to 71 Months for Orchestrating Crypto Ponzi Scheme Targeting Spanish-Speaking Investors

Magdaleno Mendoza, a senior promoter involved in the IcomTech crypto Ponzi scheme, was sentenced to 71 months in prison for orchestrating the scam that targeted Spanish-speaking investors. The scheme promised daily returns from crypto trading but operated as a Ponzi scheme, resulting in significant losses for victims.

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Dec 19, 4:20 am
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Man Sentenced to 71 Months for Orchestrating Crypto Ponzi Scheme Targeting Spanish-Speaking Investors

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Dec 19, 2:50 am
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