Lavish Lifestyles, Fake Profits: IcomTech Promoter Jailed in Crypto Scam Case
IcomTech falsely marketed crypto mining profits while promoters pocketed investor funds, according to the Justice Department. The US Department of Justice announced that Magdaleno Mendoza, a senior promoter of the cryptocurrency Ponzi scheme IcomTech, has been sentenced to 71 months in federal prison for his role in the fraud and for illegally reentering the United...
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