| As Farkas
Gets Year and Day With Ether Seized Lawyer
Cites 55 Days in MIA ATL OK MCC
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Dec 15 – Robert Farkas was up
for sentencing on December 15,
on fraud charges related to
crypto-currency. Inner City
Press covered
it.
U.S.
District Court for the
Southern District of New York
Judge Lorna G. Schofield held
the sentencing.
Farkas' lawyer
emphasized that his client
grew up in rural New Jersey
and was not really a tech guy.
He said Farkas
had served 55 days at the
beginning of the case, in
maximum security Federal
facilities in Miami, then
Atlanta, then Oklahoma and
finally the MCC.
Judge
Schofield asked if there were
any victims on the line, and
some beeping and loss of
reception began.
The US
Attorney's Office announced:
Farkas "was sentenced on
December 15 to one year and
one day in prison, in
connection with his
participation in a scheme to
induce victims to invest more
than $25 million dollars’
worth of digital funds in
Centra Tech, Inc. (“Centra
Tech”), a Miami-based company
he co-founded and that
purported to offer
cryptocurrency-related
financial products.
FARKAS previously
pled guilty to conspiring to
commit securities fraud and
wire fraud in connection with
his and his co-conspirators’
use of material
misrepresentations and
omissions to solicit investors
to purchase securities, in the
form of digital tokens issued
by Centra Tech, through an
initial coin offering
beginning in approximately
July 2017." Meanwhile,
more delay in the OneCoin
case...
This case is US
v. Farkas, 18-cr-340
(Schofield)
***
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