Serbia has extradited a person to the U.S. after he was indicted by a Dallas-based federal grand jury on allegations that he duped traders across the globe – a number of of whom are in northern Texas – out of greater than $70 million.
The scheme concerned soliciting investments in binary choices and cryptocurrency mining, the U.S. Division of Justice alleged.
The binary choices have been marketed as “a mean payout of 80 p.c, and promised 20 p.c refunds on each misplaced commerce.” The fraudulent commercials additionally claimed that traders may “buy bitcoin at half market worth” on its crypto mining platform, the division alleged in a statement.
Serbian authorities arrested Antonije Stojilkovic, 32, in July of final yr, and the FBI delivered him to the Northern District of Texas this previous Thursday. He’s alleged to have had 5 Serbian co-conspirators and one U.S.-based co-conspirator.
The DOJ claims the defendants created false buying and selling exercise, withdrawal historical past and wire receipts.
If convicted, Stojilkovic and his co-defendants resist 20 years in federal jail.