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One of the largest cryptocurrency Ponzi scheme sentencings ever prosecuted in the United States SAN FRANCISCO (STL.News) Roger Nils-Jonas Karlsson, citizen of Sweden, was sentenced today to 15 years in prison for securities fraud, wire fraud, and money laundering charges that defrauded thousands of victims.  The court also ordered the defendant to forfeit several properties in Thailand, including a resort, and a forfeiture money judgment of more than $16 million.  The sentence was handed down by the Hon.  Charles R. Breyer, U.S. District Judge. Karlsson, 47, pleaded guilty to the charges on March 4, 2021, without a written plea agreement.  According to court documents, Karlsson ran an investment fraud scheme from 2011 until his arrest in Thailand in June 2019.  Karlsson induced victims to use cryptocurrency such a Bitcoin and other online payment platforms to purchase shares in a scheme he called “Eastern Metal Securities.” Karlsson promised victims astronomical returns

United statesHong kongKate kaplanRoger karlssonEdward percarpioKaren beauseyDarrellj waldonWilliam frentzenC alden pelkerMaria sungaCharlesr breyerStephanie hindsJohn paulNicholasl mcquaidRoger nils jonas karlssonSeamus lynch