News Explorer — Forcount Crypto Ponzi Promoter Pleads Guilty, Will Pay $4 Million

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Jun 5, 10:03 pm

Coindesk

Forcount Crypto Ponzi Promoter Pleads Guilty, Will Pay $4 Million

Juan Tacuri, a top promoter in the Forcount crypto ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. He promised investors that their investments would double within six months, but the scheme was using new investors' money to pay back earlier investors and enrich themselves. Tacuri will forfeit nearly $4 million and real estate purchased with victim funds as part of his plea deal.

Juan Tacuri, a top promoter in the Forcount crypto ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. He promised investors that their investments would double within six months, but the scheme was using new investors' money to pay back earlier investors and enrich themselves. Tacuri will forfeit nearly $4 million and real estate purchased with victim funds as part of his plea deal.

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