April 22, 2025

86-year-old former attorney to pay $14m for role in crypto Ponzi scheme

1 min read

Disbarred California attorney David Kagel has agreed to pay nearly $14 million in restitution as part of his sentencing for operating a multimillion-dollar cryptocurrency Ponzi scheme that defrauded investors over several years. According to a ruling by Las Vegas federal…

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Source: nft.news

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