BitConnect boss accused of $2 4bn fraud has disappeared theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
BitConnect founder Satish Kumbhani, charged criminally in the U.S. last week with a $2.4 billion Ponzi scheme, has vanished from his native India, officials said.
A grand jury indictment was returned Friday charging the founder of cryptocurrency company BitConnect with federal crimes for his role in allegedly defrauding investors out of more than $2 billion, according to the U.S. Attorney's Office in San Diego.