IcomTech Ponzi Scheme Promoters Convicted: Justice Served, Prison Time Awaits! False Promises and Empty PocketsIn the dark world of crypto scams, David Brend and Gustavo Rogriguez of IcomTech have been found
guilty of wire fraud. This fraudulent mining and trading facility lured investors with daily returns, but instead of investing their hard-earned cash, they used it to pay off others and line their own pockets.
Luxury Lifestyle, Hidden AgendaWith a taste for the high life, these con artists flaunted their ill-gotten gains at extravagant expos and community events. Wearing designer clothes and driving fancy cars, they painted a picture of success while duping unsuspecting victims into investing in their web of deceit.
Trapped Funds and Broken DreamsOnce investors took the bait, they were promised access to an online portal to monitor their funds. But come August 2018, the portal was nothing more than a digital prison, denying them the chance to withdraw their money from IcomTech's clutches.
Justice Prevails, Sentences LoomAs the net tightened around them, IcomTech launched their own worthless token, adding insult to injury for those already burned by this crypto charade. Now, with Marco Ruiz Ochoa already behind bars, Brend and Rodriguez face a maximum sentence of
twenty years each. Their day of reckoning is fast approaching.
A Warning to All FraudstersThe conviction of these Ponzi schemers sends a resounding message: no matter the market or medium, fraud will not go unpunished. U.S. Attorney Damian Williams makes it clear that his office is dedicated to hunting down fraudsters and ensuring they face the full consequences of their actions.
