Learn English: William Morro Charged in OneCoin Crypto Scheme (normal)
1 year ago
US officials have charged William Morro in connection with the OneCoin crypto scheme, a fraudulent investment plan.
Morro is accused of moving millions of dollars linked to OneCoin from China to Hong Kong and the US.
He faces a potential 30-year prison sentence for conspiracy to commit bank fraud.
The OneCoin scheme, launched in 2014, was exposed as a fraud in 2015, costing investors billions.
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