The American authorities in the state of Nevada accused Las Vegas Brent C. If convicted, Kofar faces a long period of imprisonment with a fine of $ 4.5 million.
The US government opposite Brent C Kofar
in press release On February 14, the US Prosecutor's Office in Nevada County revealed an indictment against Brent Koffar for the alleged managing the Pyramid Pyramid as an encoding mining company in Las Vegas.
According to the American authorities, Kovar claimed that it runs a profitable and integrated digital assets company known as Profit Connect at fixed interest rates ranging from 15 % -30 % in April and ensuring 100 % cash recovery on investments.
In Marketing Profit Connect, it was claimed that the defendant used a website, YouTube video, and PowerPoint display who presented a wrong picture of the works that encouraged investments. In total, Kofar received an estimated $ 24 million from about 400 investors.
However, the authorities claim that the business owner uses only investment funds to market and operate the Crypto Ponzi scheme and spend it on expenses such as gifts for employees and hold a personal for himself.
In presenting his pyramid plan as a legitimate project, the plaintiff stated that Kofar also paid some investors with false profits through banking and verifying through the American Postal Service as if it were created from the alleged encryption mining activity.
Commenting on the indictment, Ryan Korner, an officer in the Office of the Federal Deposit Inspector (FDIC Oig) and the active agent in this case, expressed the agency's commitment to prove that Brent Kofar is guilty.
Corner said:
It is claimed that Mr. Kofar stole the money of the victims that he obtained as hard -working by providing wrong representations regarding his investment company, including misleading some victims to believe that their investments are supported by FDIC. Oig FDIC is committed to identifying and accounting, those who put our nation’s financial system at risk through the victims of others to achieve their personal gains.
Possible legal consequences
According to the US Public Prosecutor's Office in Nevada, Kofar is accused of 12 wire fraud charges, three charges by mail, and three charges of money laundering. The defendant is expected to appear before the American judge, Jennifer A. Dorses in the trial of a jury will start on April 8, 2025.
If convicted, Brent Kofar faces a possible 330 -year prison sentence and a maximum fine of $ 4.5 million at the judge’s estimate according to the instructions for issuing American rulings and other legal factors.
In other news, the encryption market remained worth $ 3.18 trillion after a decrease of 0.07 % last day.
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