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Partner of Multiple Fraudulent Crypto Companies, Dwayne Golden, Sentenced to 8 Years in Prison After Defrauding $40 Million
Summary: According to The Block, Dwayne Golden, a 57-year-old man from Pennsylvania, has been sentenced to 97 months (approximately 8 years) in prison and ordered to forfeit around $2.46 million in illegal assets for his involvement in operating fraudulent cryptocurrency companies EmpowerCoin, ECoinPlus, and Jet-Coin. Dwayne Golden and his accomplices defrauded investors of $40 million through ...
According to The Block, Dwayne Golden, a 57-year-old man from Pennsylvania, has been sentenced to 97 months (approximately 8 years) in prison and ordered to forfeit around $2.46 million in illegal assets for his involvement in operating fraudulent cryptocurrency companies EmpowerCoin, ECoinPlus, and Jet-Coin.
Dwayne Golden and his accomplices defrauded investors of $40 million through a Ponzi scheme and obstructed a federal investigation. Golden was first charged with fraud, money laundering, and other financial crimes in March 2022.
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Link: Partner of Multiple Fraudulent Crypto Companies, Dwayne Golden, Sentenced to 8 Years in Prison After Defrauding $40 Million [Copy]
