Grand jury loads the shepherd, wife in an alleged multimillion -dollar cryptocurrency scam



A great jury of Denver has accused a couple married to 40 charges of robbery, fraud and deception, for allegedly operating a multimillion -dollar cryptocurrency fraud that was mainly addressed to Iglesias, Denver’s district prosecutor announced in a press release on Tuesday.

Between 2022 and July 2023, Eli Regalado, who is also a pastor who preaches in the Victorus Grace Church, and his wife Kaitlyn, the only other church employee who houses his house, allegedly requested almost $ 3.4 million of investors seeking to buy their indxcoin creature of their exchange of the kingdom.

The couple directed the Christians of their church, as well as other churches to buy their cryptocurrency, promising great returns, the district prosecutor claimed, but in the end the Indxcoin maintained the zero value and more than 300 investors lost their money. The gifts spent $ 1.3 million of the income of their tokens sales on personal expenses, such as a renewal at home, according to the accusation.

Indxcoin’s technical document declared that the currency was “designed to grow as the cryptocurrency market explodes when evaluating the 100 main cryptocurrencies in the world, allowing users to capitalize on growth while mitigating the risk.” However, the accusation said this was misleading.

“Eli and Kaitlyn gave up cheated the prospective and current investors, and did not reveal them: that the defendants lacked liquidity to support the amount of indxcoin then pending and that Indxcoin was not ‘fixed’ in the face Value of truth, “,”, “I didn’t have the truth value.”

The Colorado Securities Commissioner, Tung Chan, initially presented charges against the couple last year. In March, the pastor appeared in a video message and declared that the “charges are true.” He also said that at the time the company was something that believed that God had told him to do.

“The Lord told us to move away from our parking company … [H]E took us to this cryptocurrency … well, that cryptocurrency turned out to be a scam … and I said sir … You told me to do this, “he said in the video.

Leave a Comment

Your email address will not be published. Required fields are marked *

Grand jury loads the shepherd, wife in an alleged multimillion -dollar cryptocurrency scam



A great jury of Denver has accused a couple married to 40 charges of robbery, fraud and deception, for allegedly operating a multimillion -dollar cryptocurrency fraud that was mainly addressed to Iglesias, Denver’s district prosecutor announced in a press release on Tuesday.

Between 2022 and July 2023, Eli Regalado, who is also a pastor who preaches in the Victorus Grace Church, and his wife Kaitlyn, the only other church employee who houses his house, allegedly requested almost $ 3.4 million of investors seeking to buy their indxcoin creature of their exchange of the kingdom.

The couple directed the Christians of their church, as well as other churches to buy their cryptocurrency, promising great returns, the district prosecutor claimed, but in the end the Indxcoin maintained the zero value and more than 300 investors lost their money. The gifts spent $ 1.3 million of the income of their tokens sales on personal expenses, such as a renewal at home, according to the accusation.

Indxcoin’s technical document declared that the currency was “designed to grow as the cryptocurrency market explodes when evaluating the 100 main cryptocurrencies in the world, allowing users to capitalize on growth while mitigating the risk.” However, the accusation said this was misleading.

“Eli and Kaitlyn gave up cheated the prospective and current investors, and did not reveal them: that the defendants lacked liquidity to support the amount of indxcoin then pending and that Indxcoin was not ‘fixed’ in the face Value of truth, “,”, “I didn’t have the truth value.”

The Colorado Securities Commissioner, Tung Chan, initially presented charges against the couple last year. In March, the pastor appeared in a video message and declared that the “charges are true.” He also said that at the time the company was something that believed that God had told him to do.

“The Lord told us to move away from our parking company … [H]E took us to this cryptocurrency … well, that cryptocurrency turned out to be a scam … and I said sir … You told me to do this, “he said in the video.

Leave a Comment

Your email address will not be published. Required fields are marked *