Live Breaking News & Updates on Eastern Metal Securities

Stay updated with breaking news from Eastern metal securities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Cryptocurrency Fraudster Sentenced for Money Laundering and Securities Fraud in Multi-Million Dollar Investment Scheme


Details
Written by Justice Department
San Francisco, California - A Swedish man was sentenced Thursday to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million.
Roger Nils-Jonas Karlsson, 47, pleaded guilty on March 4. According to court documents, Karlsson ran an investment fraud scheme from 2011 until his arrest in Thailand in June 2019. Karlsson induced victims to purchase shares in the scheme called “Eastern Metal Securities” using cryptocurrency such as Bitcoin and other online payment platforms. Karlsson promised victims astronomical returns tied to the price of gold. Instead, the funds provided by victims were transferred to Karlsson’s personal bank accounts, and he then used proceeds to purchase expensive homes, a racehorse and a resort in Thailand. Karlsson’s fraud targeted financially insecure investors, causing severe financial hardship for ....

New York , United States , Hong Kong , San Francisco , Kate Kaplan , Roger Karlsson , Edward Percarpio , Karen Beausey , Darrellj Waldon , William Frentzen , C Alden Pelker , Maria Sunga , Stephanie Hinds , John Paul , Nicholasl Mcquaid , Roger Nils Jonas Karlsson , Seamus Lynch , Office In Hong Kong , Royal Thai Police Crime Suppression Division , Exchange Commission , York Regional Office , Justice Department Office Of International Affairs , Justice Department Criminal Division , Division Computer Crime , Us Attorney Office , Field Office ,

Sweden: Jonas Karlsson Sentenced For Multiple Crimes


One of the largest cryptocurrency Ponzi scheme sentencings ever prosecuted in the United States
SAN FRANCISCO (STL.News)
Roger Nils-Jonas Karlsson, citizen of Sweden, was sentenced today to 15 years in prison for securities fraud, wire fraud, and money laundering charges that defrauded thousands of victims.  The court also ordered the defendant to forfeit several properties in Thailand, including a resort, and a forfeiture money judgment of more than $16 million.  The sentence was handed down by the Hon.  Charles R. Breyer, U.S. District Judge.
Karlsson, 47, pleaded guilty to the charges on March 4, 2021, without a written plea agreement.  According to court documents, Karlsson ran an investment fraud scheme from 2011 until his arrest in Thailand in June 2019.  Karlsson induced victims to use cryptocurrency such a Bitcoin and other online payment platforms to purchase shares in a scheme he called “Eastern Metal Securities.” Karlsson promised victims astronomi ....

United States , Hong Kong , Kate Kaplan , Roger Karlsson , Edward Percarpio , Karen Beausey , Darrellj Waldon , William Frentzen , C Alden Pelker , Maria Sunga , Charlesr Breyer , Stephanie Hinds , John Paul , Nicholasl Mcquaid , Roger Nils Jonas Karlsson , Seamus Lynch , Office In Hong Kong , Department Of Justice , Royal Thai Police Crime Suppression Division , Exchange Commission , Justice Department Office Of International Affairs , Justice Department Criminal Division , Division Computer Crime , Dc Field Office , Exchange Commission Office Of Investor Education , Cryptocurrency Fraudster ,