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Topic: Finally some justice, scammer sent to jail at South Korea. - page 4. (Read 561 times)

legendary
Activity: 2912
Merit: 1068
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It's hard to say, I don't know all circumstances. However, he will still go to prison and that is something and whatever we say 2,5 years is not so short period of time if you are locked. I just hope he will have to return all the money if he kept something and that they will catch his accomplices too.
No matter to all.It's nice to see that not all scamers escape without punishment.
hero member
Activity: 2338
Merit: 757
The investigation have been lunched a month ago: https://cointelegraph.com/news/investors-defrauded-by-south-korean-pyramid-scheme
The alleged scam is known as Futurnet. By checking about this company, i was surprised to see so many threads here in bitcointalk discussing it and its coin called Futoro Coin. This is a primary list of those threads:
[ANN] FuturoCoin - cryptocurrency with instant payments launched.
Website is down:
Code:
http://%22https//futurocoin.com/
Pool is also down:
Code:
http://futurocoinpool.com/
FuturoCoin - FutureNet CryptoCurrency
Futurocoin: 2 milion business partner waiting, launching 25.11.2017
FuturoCoin - FutureNet CryptoCurrency

For the secretary who had 2.5 years in prison, i think it's fair if he doesn't own a part of the scammed amount. The alleged company is still under investigation.

legendary
Activity: 3122
Merit: 2178
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While it is nice that at least a scammer has to face the justice system at the same time I am disappointed by this short sentence. What do you think of this?

At a first glance 2.5 years seem laughable given the financial damages, but with them merely being a "secretary" it looks more warranted. It will be much more interesting to see what sentence the heads of the operation are going to receive, assuming they ever get caught.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
A man was sentenced to 2.5 years for his involvement in a 249 million scam, it seems the two main culprits have escaped overseas, basically the scammers offered the victims a percentage of their mining profits if they invested with them only to be discovered later that no mining took place.

Do you think his punishment is fair? Those people scammed so many people out of their savings in something they knew was fully illegal and yet the sentence is incredibly light, how many people have seen their future crumble just before their eyes or even killed themselves over this.

While it is nice that at least a scammer has to face the justice system at the same time I am disappointed by this short sentence. What do you think of this?

https://cointelegraph.com/news/crypto-scammer-sentenced-by-south-korean-authorities
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