Feds Charge Amalgam, stealing a million dollars via “Sham” Blockchain
The American Grand jury accused the founder of Blockchain Startup Amalgam Capital Ventures about allegations that he had defrauded investors of more than a million dollars with fake Blockchain.
Jeremy Jordan Jones was arrested and accused on May 21 and was charged with fraud in wires and fraud. He said On May 21.
American lawyer at Manhattan Jay Clayton claimed that Jordan Jones “described his company as a leading startup company in Blwcen”, but he claimed that, in fact, “the company was a trick, and investors were money money to move to his lifestyle.”
The FBI assistant director Christopher Raya claimed that investors in Jordan-Jones exceed more than a million dollars by “distorting the capabilities of his alleged company, its partnerships and investment intentions.”
Raya claimed that the “flagrant lying” of the Amalgam founder funded his personal lifestyle at the expense of unknown victims.
According to The indictment It was submitted at the Manhattan Federal Court, from January 2021 to November 2022, Jordan Jones deceived investors and financial institutions using fabricated documents, fake sports partnerships, and misleading demands, which led to misuse of more than a million dollars for personal use.
Related to: The executives have acknowledged the previous files on the fraud wire
Amalgam claimed that it offers Blockchain -based Points and Implementation Systems and Security Systems.
The indictment claimed that the company has “any operating products, a small number, if any, customers, and legitimate zero business partnerships.”
The deposit claimed that instead of directing money to technology development and coding lists as promised, Jordan spent the money on luxury vehicles, high -end vacations, clothes and luxury restaurants in Miami.
Accusations carrying contracts in prison
Jordan Jones was also accused of submitting a fake banking statement claiming to have occupied more than $ 18 million in order to secure a credit card for the company, but the prosecutors claimed that there are no money in the bank account and was closed in late 2021.
Wires and security fraud carries possible penalties up to 20 years in prison for each number, while making false data to a bank carries up to 30 years.
He was also charged with Jordan-Jones of strict identity stealing, which carries a mandatory sentence for two years in prison.
The government seeks to confiscate any property or money that can be tracked in fraud, including alternative assets if the original funds are not available.
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