Pastor indicted for multi-million dollar crypto grift: DOJ

A 51-year-old Miami resident and pastor is accused of using his pulpit to swindle unsuspecting souls into a cryptocurrency scam. According to a Jan. 8 release from the U.S. Department of Justice, a federal grand jury in the Eastern District of Washington charged Francier Obando Pinillo with 26 counts of fraud, alleging he masterminded a […]

California residents indicted in $22m crypto fraud case

Federal prosecutors disclosed an indictment against California residents Gabriel Hay and Gavin Mayo, charging them in a $22 million crypto fraud scheme. The charges come as the FBI reports Americans lost over $5.6 billion to crypto fraud in 2023 — a 45% increase from the previous year. According to ABC News, citing prosecutors, Beverly Hills-based […]