Category: cryptocurrency scams

Stuart man pleads guilty to $100 million cryptocurrency fraud

Sep 9, 2022

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in cryptocurrency scams, EmpiresX, Fraud, Joshua David Nicholas, martin county, Ponzi scheme, Stuart, US, What is a Ponzi Scheme?

[ad_1] WEST PALM BEACH, Fla. – A Stuart man pleaded guilty Thursday to conspiracy to commit securities fraud in connection with a global cryptocurrency-based Ponzi scheme that bilked about $100 million from investors. Joshua David Nicholas, 28, of Stuart, was indicted in June by a South Florida federal jury in the case. Nicholas was the…