Sohrab ‘Sam’ Sharma was also ordered to forfeit more than $36 million.
The co-founder of a Miami-based firm that claimed to offer cryptocurrency-related financial products has been sentenced to eight years in prison for his role in a scheme that took more than $25 million from victims investing in the company’s digital funds.
Sohrab “Sam” Sharma pleaded guilty to conspiring to commit securities fraud, wire fraud, and mail fraud in connection with material misrepresentations and omissions used to solicit investors to buy digital tokens issued by Centra Tech, the company he co-founded, through fraudulent fundraising that included an initial coin offering (ICO).
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Renewable Energy Group, Inc of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 3, 2021
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Capo del cartel Los Cachiros testifica en juicio que implica a presidente de Honduras
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