RG Coins Owner Gets 10 Years in Prison for Rip off $5M

The owner and also supervisor of cryptocurrency exchange RG Coins has actually been handed a prolonged prison term for his participation in a multi-million buck plan to rip off UNITED STATE people.

According to a Tuesday news release from the Division of Justice, UNITED STATE Area Court Judge Robert Dam sentenced Rossen Iossifov to a 10-year sentence 85% of which needs to be offered behind bars under UNITED STATE government regulation.

The 53 year old former Bulgarian national was punished for conspiracy theory to commit a crime under the Racketeer Influenced and also Corrupt Organizations Act (RICO) and conspiracy to dedicate cash laundering.

- Advertisement -

Comments are closed.