Tag Archives: pyramid

SEC Stop Crypto Pyramid Scheme

On May 23, SEC charged perpetrator of crypto pyramid scheme. Daniel Pacheco is the alleged perpetrator of a multimillion-dollar pyramid scheme. Defendants fraudulent pyramid scheme promised investors cryptocurrency riches. Pacheco conducted a fraudulent, unregistered offering of securities through two companies which he controlled, IPro Solutions LLC and IPro Network LLC. IPro raised \$26mn by selling…
Read more