Juan Tacuri, a key figure in the Forcount cryptocurrency Ponzi scheme, has admitted to a conspiracy to commit wire fraud in New York. The scheme, which amassed $8.4 million from Spanish-speaking investors globally, promised high returns from cryptocurrency trading and mining. Tacuri, a top promoter, profited significantly from the fraud. He is set to be sentenced in 2024 and faces up to 20 years in prison. Tacuri, along with two others, was charged for their involvement in the scheme. He used victim funds for personal luxuries and real estate. Many investors were lured in by lavish expos and false promises of financial freedom. Victims struggled to withdraw their investments, facing delays and hidden fees. The scheme even introduced a new cryptocurrency, 'Mindexcoin,' to attract more funds. Authorities vow to continue pursuing Ponzi schemers like Tacuri to protect vulnerable investors. Read more AI-generated news on: https://app.chaingpt.org/news