Sentences with phrase «absurdly high interest payments»
Manhattan U.S. Attorney Preet Bharara said Shavers, 32, combined financial fraud and cyberfraud into a bitcoin Ponzi scheme offering «absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments.»
https://www.timesunion.com/
«Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments,» Bharara said in a statement.