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    Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison

    • Post author:MiamiCrypto
    • Post published:May 31, 2024
    • Post category:Bitcoin/Crypto/Cryptocurrency/cryptocurrency fraud/David Kagel/investment scam/News Bytes/News Bytes - 2/Ponzi-scheme

    David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading…

    Continue ReadingLawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
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