Crypto Fraud : Former California Attorney Sentenced for 5 Years

The post Crypto Fraud : Former California Attorney Sentenced for 5 Years appeared first on Coinpedia Fintech News An 86 years old former attorney from California named David Lee Kagel, has been sentenced to five year probation for a multimillion dollar crypto fraud. He pleaded guilty to leading a multimillion-dollar cryptocurrency Ponzi scheme. This scam ran from December 2017 to June 2022 and defrauded many people. Empty promises of huge returns lured them …