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Crypto bro faces 280 years in prison for defrauding investors with promises of an 'AI supercomputer' for mining — jury convicts businessman of running $24-million Ponzi scheme, claimed up to 30% APR and a 100% money-back guarantee
He told investors that he’s using an AI supercomputer to generate returns of up to 15% to 30% annually.
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theblock.co
Las Vegas businessman faces 280 years in prison after $24 million crypto fraud conviction
A federal jury convicted Las Vegas businessman Brent Kovar in a $24 million cryptocurrency scheme involving at least 400 investors.
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cointelegraph.com
Business Owner Faces 280-Year Max in $24M Crypto Ponzi Case
Las Vegas business owner Brent Kovar was convicted of running a $24 million crypto Ponzi scheme that defrauded at least 400 investors.
