Learn English: William Morro Charged in OneCoin Crypto Scheme (normal)

3 weeks, 2 days ago

William Morro Charged in OneCoin Crypto Scheme

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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Source

Original: Cointelegraph

Tags

## Law ## United States ## OneCoin ## Crimes ## Regulation

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