【IcomTech Executives Ordered to Pay Over $5 Million for Fake Bitcoin Trading Scheme】

According to reliable sources, a California court has ordered five individuals involved in the IcomTech 'Ponzi scheme' to pay over $5 million for fraud and misappropriation of stolen funds through a fake Bitcoin trading scheme. The U.S. Commodity Futures Trading Commission (CFTC) stated in a release on December 11 that a default judgment found David Carmona, Juan Arellano Parra, Moses Valdez, and David Brend liable for all violations of the Commodity Exchange Act and CFTC regulations as alleged in the complaint, while Marco A. Ruiz Ochoa received a consent order.