Title: El Paso Man Fined $31M for Forex and Crypto Fraud
Post by: Bitcoin on Jul 28, 2024, 02:25 pm
Post by: Bitcoin on Jul 28, 2024, 02:25 pm
El Paso Man Fined $31M for Forex and Crypto Fraud
A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an $18.8 million civil penalty. Tinoco and his firm defrauded 199 victims by misusing over $7.2 million […]
Source: El Paso Man Fined $31M for Forex and Crypto Fraud (https://news.bitcoin.com/el-paso-man-fined-31m-for-forex-and-crypto-fraud/)
A federal court has ordered Abner Alejandro Tinoco and his company, Kikit & Mess Investments LLC, to pay over $31 million for forex and cryptocurrency fraud. The order includes $6.2 million in restitution, $6.3 million in disgorgement, and an $18.8 million civil penalty. Tinoco and his firm defrauded 199 victims by misusing over $7.2 million […]Source: El Paso Man Fined $31M for Forex and Crypto Fraud (https://news.bitcoin.com/el-paso-man-fined-31m-for-forex-and-crypto-fraud/)