Cryptocurrency Scam – Karlsson Sentenced.
Recently sentenced to 15 years in prison, Roger Nils-Jonas Karlsson was indicted in a cryptocurrency scam case. He collected charges of securities fraud, wire fraud, and money-laundering. A citizen of Sweden, Karlsson scammed thousands of individuals out of their money. After his indictment, he was ordered to forfeit numerous Thai assets like a resort and USD16 million.
Karlsson used his website easternmetalsecurites.com to collect victims’ money by convincing them to buy securities like gold. Shares were USD100 each and he promised an eventual payout of more 1.15 kilograms of gold per share. If this payout did not occur, Karlsson assured investors that they would receive at least 97% of the amount they invested back.
None of the money that the victims invested was used to own securities. Karlsson had every penny transferred to his personal bank account where he used the funds to purchase properties and items for himself.
Another website hci25.com, was also used to communicate with potential investors and provided false statements to them. Karlsson would send messages assuring investors that a payout was still on the way. He stated that he could not do a payout now because of how much money had been made. Karlsson falsely said that his amount would disrupt financial systems and that he was working in the U.S. SEC (Securities and Exchange Commission) to get the payout.
Karlsson recommended and urged investors to make any payments using diffirent types of cryptocurrencies. There were at least 3,575 victims who contributed approximately USD 16 million to Karlsson.
Karlsson used several aliases such as Euclid Deodoris, Lars Georgsson, Steven Heyden, Joshua Millard, Kenth Westerberg, and Paramon Larasoft.
Facing up to 20 years in prison plus USD 250,000 for the wire and security fraud and 20 years and up to USD 500,000 for money laundering, on March 4, 2021, Roger Nils-Jonas Karlsson pleaded guilty to every charge related to this cryptocurrency scam.
To prevent being victim of a cryptocurrency scam, contact us.
ISOG can help potential investors with verifying the legitimacy of cryptocurrency platforms and wallets. Where the investor has been defrauded, ISOG private investigators and forensic experts are expert in cryptocurrency fraud investigation and can trace the flow of the crypto up to the cryptocurrency exchanges used to convert crypto coins into currency.