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Topic: [2017-07-03] UK Businessman behind Bitcoin Store Charged with Securities Fraud (Read 1893 times)

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UK Businessman behind Bitcoin Store Charged with Securities Fraud

An English businessman, Renwick Haddow has been charged by the United States Securities and Exchange Commission for securities fraud. According to reports, Haddow was promoting a fraudulent cryptocurrency trading platform, causing losses to unsuspecting investors.

Haddow, who has been living in the New York is said to have been running two businesses, Bitcoin Store — a cryptocurrency investment platform and a flexible workspace firm called Bar Works. During the course of their operations, he diverted the investments received by these businesses into overseas accounts created in Mauritius and Morocco.

http://www.newsbtc.com/2017/07/02/bitcoin-store-securities-fraud/
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