{"id":22096,"date":"2024-06-06T13:00:08","date_gmt":"2024-06-06T10:00:08","guid":{"rendered":"https:\/\/coinengineer.io\/?p=22096"},"modified":"2024-06-06T09:34:11","modified_gmt":"2024-06-06T06:34:11","slug":"forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case\/","title":{"rendered":"Forcount Ponzi Scheme Promoter Admits Guilt in $8.4 Million Fraud Case"},"content":{"rendered":"<p>One of the key supporters of the <strong>Forcount<\/strong> cryptocurrency <strong>Ponzi<\/strong> scam has admitted guilt to a New York conspiracy to conduct wire fraud.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case\/#Details_of_the_Scheme_and_Guilty_Plea\" title=\"Details of the Scheme and Guilty Plea\">Details of the Scheme and Guilty Plea<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case\/#Involvement_of_Other_Key_Figures\" title=\"Involvement of Other Key Figures\">Involvement of Other Key Figures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case\/#Tactics_and_Impact_on_Victims\" title=\"Tactics and Impact on Victims\">Tactics and Impact on Victims<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/forcount-ponzi-scheme-promoter-admits-guilt-in-8-4-million-fraud-case\/#Introduction_of_Mindexcoin_and_Further_Losses\" title=\"Introduction of Mindexcoin and Further Losses\">Introduction of Mindexcoin and Further Losses<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Details_of_the_Scheme_and_Guilty_Plea\"><\/span>Details of the Scheme and Guilty Plea<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>The United States Attorney&#8217;s Office in the Southern District of New York claimed in a June 5 statement that <strong>Juan Tacudi<\/strong> was in the vanguard of the &#8220;<strong>Ponzi<\/strong>&#8221; scam, which raked up $8.4 million from largely Spanish-speaking investors worldwide.<\/p>\n<p><em>&#8220;<strong>Tacudi<\/strong> reaped millions of dollars from his involvement in the fraud and was among the most effective promoters of the scheme.&#8221;<\/em><\/p>\n<p>False claims that investors would get profits from Forcount&#8217;s mining and trading activities\u2014including a doubling of their initial investment within the first six months\u2014formed the basis of the fraud.<\/p>\n<p><em>&#8220;With this guilty plea, Juan Tacudi is being held to account for taking advantage of retail investors and selling them a manufactured investment opportunity,&#8221;<\/em> U.S. Attorney Damian Williams stated.<\/p>\n<p>On September 24, 2024, Judge Analisa Torres, who has experience with issues involving the Bitcoin sector, will sentence Tacudi. The charge carries a maximum term of twenty years in jail.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Involvement_of_Other_Key_Figures\"><\/span>Involvement of Other Key Figures<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Along with Francisley Da Silva and Antonia Perez Hernandez for their involvement in the scam during 2017\u20132021, <strong>Tacudi<\/strong> was charged back in December 2022. Neither Francisley Da Silva nor Antonia Perez Hernandez have acknowledged their guilt or received a conviction.<\/p>\n<p><strong>Tacudi<\/strong> reportedly spent millions of victim dollars on <em>&#8220;luxury goods and real estate,&#8221;<\/em> Williams claimed.<\/p>\n<p>Part of the plea agreement included Juan Tacudi forfeiting about $4 million and real properties bought with victim monies.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tactics_and_Impact_on_Victims\"><\/span>Tactics and Impact on Victims<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Tacudi<\/strong>, like many Ponzi promoters, visited the country to organize extravagant expos and community speeches meant to attract victims to Ponzi scheme investments. The United States Attorney&#8217;s Office stated he would underline the need to reach financial freedom and highlight the money he had been generating with the plan.<\/p>\n<p><a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-nfts-surge-in-sales-despite-overall-market-slump\/\"><em><span style=\"font-weight: 400;\">This Might Interest You: Bitcoin NFTs Surge in Sales Despite Overall Market Slump<br \/>\n<\/span><\/em><\/a><\/p>\n<p>Those persuaded by Tacudi would register for Forcount&#8217;s site and witness <em>&#8220;profits&#8221;<\/em> build up; yet, many victims were unable to withdraw these <em>&#8220;profits&#8221;<\/em> and finally lost all they had invested.<\/p>\n<p>The United States Attorney&#8217;s Office added that the few who were able to make withdrawals also had to cope with excuses, delays, and hidden costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Introduction_of_Mindexcoin_and_Further_Losses\"><\/span>Introduction of Mindexcoin and Further Losses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Later, Forcount began selling <em>&#8220;<strong>Mindexcoin<\/strong>&#8220;<\/em> a cryptocurrency, to provide greater scheme liquidity. Tacudi asserted that once businesses began using the token as payment for products and services, its value would increase dramatically.<\/p>\n<p>But this was <em>&#8220;false,&#8221;<\/em> the U.S. Attorney&#8217;s Office stated, leading to more financial damages for victims.<\/p>\n<p><em>&#8220;This office will not stop hunting Ponzi schemers like Tacudi, especially where they target regular, working people in dire straits financially,&#8221;<\/em> Williams said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the key supporters of the Forcount cryptocurrency Ponzi scam has admitted guilt to a New York conspiracy to conduct wire fraud. Details of the Scheme and Guilty Plea The United States Attorney&#8217;s Office in the Southern District of New York claimed in a June 5 statement that Juan Tacudi was in the vanguard<\/p>\n","protected":false},"author":6,"featured_media":22097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,1],"tags":[6678,6677],"class_list":["post-22096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-genel","tag-juan-tacudi","tag-ponzi-scam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Forcount Ponzi Scheme Promoter Admits Guilt in $8.4 Million Fraud Case<\/title>\n<meta name=\"description\" content=\"Juan Tacudi pleads guilty to wire fraud in the Forcount cryptocurrency Ponzi scheme, which defrauded investors of $8.4 million.\" \/>\n<meta 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