The liquidity pool was a sentence in an opinion letter
Christopher Delgado has agreed to plead guilty to running a $250 million crypto Ponzi out of Orlando. The pool he sold investors on existed mostly as a phrase in a law firm's opinion letter.
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The courier knocked. The envelope was already sealed. The house was already empty.
Xin Liu was sentenced to 27 months for driving from one Florida porch to another, collecting envelopes of cash from elderly victims who had been told, by voices on the phone, that their grandchildren were in jail. She was the last visible piece of a machine whose other parts were on a different continent.
The CEO who chased his losses with a clinic's checkbook
Patrick Bucknum ran a network that paid the bills for eleven Washington clinics. For six years, the federal complaint says, he ran the clinics' money through his own brokerage account instead.
The nurse who wrote the compliance book signed the prescriptions herself.
Jean Wilson, 54, built a career teaching healthcare compliance and then ran a telehealth operation that the Justice Department says billed Medicare for $136 million in braces and pills no one needed. On Tuesday she got ten years.
The WhatsApp thread looked like a friendship. It was the slaughterhouse floor.
A federal order tagged a pig butchering operation for $5.5 million after months of manufactured crypto profits scrolled across a woman's WhatsApp screen. The number is real. The friendship on the other end never was.
The advisor's password worked. The buy orders did too. That was the machine.
Federal prosecutors seized $19.5 million tied to two Hong Kong-listed shell companies whose share prices were run up on social media hype. In one of them, the buyers were not the buyers. They were someone using a financial advisor's stolen login.
The Daily Brief