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Cryptocurrency fraudster who scammed over $9M gets 21 months in prison

Cryptocurrency fraudster who scammed over $9M gets 21 months in prison

By PoliceOne Staff BLOOMFIELD, Conn. – Homero Joshua Garza will spend 21 months in prison followed by three years of supervised release after pleading guilty of scamming over $9 million from businesses. Between 2014 and 2015, Garza sold bitcoin-mining hardware, offered shares in a virtual currency mining operations and created and sold virtual currency called PayCoin to several Connecticut-based businesses, the FBI reports.






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