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NJ Crypto Grandma Pleads Guilty to Fraudulently Inducing Victims to invest over $25 million in a Cryptocurrency Scam

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the staff of the Ridgewood blog

Bloomfield NJ, an Essex County, woman today admitted her role in fraudulently inducing victims to invest over $25 million in cash and cryptocurrency, U.S. Attorney Philip R. Sellinger announced.

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Two Indicted For $30 Million Dollar Fraud Scheme Involving Blockchain Technology Company

Utah Software Engineer Mints Physical Bitcoins

 

the staff of the Ridgewood blog

Bloomfield NJ,an Essex County, New Jersey, woman and a Canadian man were indicted today for their roles in a securities fraud scheme that induced victims to invest $30 million worth of cash and cryptocurrency based on fraudulent misrepresentations, U.S. Attorney Craig Carpenito announced.

Edith Pardo, 68, of Bloomfield, New Jersey, and Boaz Manor, 46, of Toronto, Canada, are each charged with one count of conspiring to commit wire fraud, three counts of wire fraud, and one count of securities fraud in connection with a blockchain technology company. Pardo was arrested today by special agents of the FBI and is scheduled to appear this afternoon before U.S. Magistrate Judge Steven C. Mannion in Newark federal court. Manor remains at large.

Continue reading Two Indicted For $30 Million Dollar Fraud Scheme Involving Blockchain Technology Company