Friday, July 9, 2021

Bitcoin ponzi scammer Karlsson pulls 15 years in pen

Roger Nils-Jonas Karlsson, 47, convinced at least 3,575 people to invest over $16m in a fraud called "Eastern Metals Securities". He had marks send him funds in Bitcoin and other cryptocurrencies that he stole. Karlsson was arrested in Thailand and extradited to the U.S. in 2019. He pleaded guilty to money laundering, securities fraud and wire fraud.
Karlsson was convicted of crimes using the websites and, where online investors bought into a "Pre Funded Reversed Pension Plan." Karlsson used their money to buy luxury homes, racehorses and a resort in Thailand.