FAIRFIELD-SUISUN, CALIFORNIA
Two Orange County men expected to plead guilty in $1.8-million cryptocurrency swindling case [Daily Pilot, Costa Mesa, Calif.]
Jul. 8 Two Orange County men stand accused by federal prosecutors of swindling thousands of investors into purchasing $1.8 million in cryptocurrency that allegedly provided exclusive access to a trading program that they falsely claimed was profitable.
Jeremy David McAlpine, 25, of Fountain Valley, and Huntington Beach resident Zachary Michael Matar, 28, each face one count of securities fraud and are expected to plead guilty, according to plea agreements filed on July 2. The United States Attorney ‘s Office said in a statement prosecutors expect the two to do so in the coming weeks.
Rioter who attacked police during George Floyd riots gets 18 months in federal prison
foxnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxnews.com Daily Mail and Mail on Sunday newspapers.
Darlington man sentenced to 8 years in federal prison for child porn
channel3000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channel3000.com Daily Mail and Mail on Sunday newspapers.
Clay County man attempted to engage in sexual activity with child
firstcoastnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstcoastnews.com Daily Mail and Mail on Sunday newspapers.
Print
Two Orange County men stand accused by federal prosecutors of swindling thousands of investors into purchasing $1.8 million in cryptocurrency that allegedly provided exclusive access to a trading program that they falsely claimed was profitable.
Jeremy David McAlpine, 25, of Fountain Valley, and Huntington Beach resident Zachary Michael Matar, 28, each face one count of securities fraud and are expected to plead guilty, according to plea agreements filed on July 2. The United States Attorney’s Office said in a statement prosecutors expect the two to do so in the coming weeks.
Court documents say the duo ran the operation out of Dropil, Inc., a Belize-based company that operated out of Fountain Valley that managed digital investments, which are defined as an asset that is issued and transferred using distributed ledger or blockchain technology, like Bitcoin cryptocurrency.