The US Grand Jury has accused the founder of the blockchain startup Amalgam Capital Ventures on the allegations that he excluded investors from more than $ 1 million with fake blockchain.
Jeremy Jordan-Jorde was arrested and accused on 21 May and wire fraud, securities fraud, a bank made false statements and theft of identity, wrong statements for the theft, justice department. Said On 21 May.
Manhattan American Attorney J. Clayton claimed Jordan-Jones that “postponed its company as a groundbreaking blockchain startup,” but alleged that, in fact, the company was a sham, and the money of investors was closed to bancolle their grand lifestyle. “
FBI Assistant Director Christopher Riya alleged that Jordan-Jones cheated investors worth over $ 1 million through “their alleged company’s abilities, partnerships and wrongs of investment intentions”.
Riya claimed that Amalgam founder’s “Blattent Lies” financed her personal lifestyle at the expense of unknown victims.
As Prosecution From January 2021 to November 2022, filed in the Manhattan Federal Court, Jordan-Jordan-Jones misused investors and financial institutions using fabricated documents, fake sports participation and misleading claims, eventually over $ 1 million for personal use.
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Amalgam claimed to offer point-off-cell system and blockchain-based payment and security solutions, filing states.
The prosecution alleged that the firm has “no operating product, some, if any, customer and zero valid business participation.”
The filing alleged that instead of channeling funds in Tech Development and Crypto Exchange Listing, Jordan-Jones spent money on luxury vehicles, high-end holidays, clothes and fancy restaurants in Miami.
Takes the allegations to jail for decades
Jordan-Jones were also alleged to have been presenting a fake bank statement claiming that the company was held more than $ 18 million to secure the credit card, but the prosecutors claimed that there was no amount in the bank account and was closed at the end of 2021.
Wire fraud and safety fraud takes a prone to 20 years of prison punishments in a copy, while a bank has false statements for 30 years.
Jordan-Jones were also accused of a count of an increased identity theft, which sentenced to two years in jail.
The government is demanding to prepare any property or money for fraud, including the substitute property when the original money is unavailable.
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