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How’s this for a crossover? Scumbag scammed victims with fake gem mines – then pivoted to fake …

How’s this for a crossover? Scumbag scammed victims with fake gem mines – then pivoted to fake crypto-mines

A bloke has copped to operating a £115m ($149m) scam that managed to encompass physical mining of gems and the virtual mining of cryptocoins. Steve Chen, 62, will plead guilty to conspiracy to commit wire fraud and tax evasion. A formal plea hearing is scheduled for March 10, and after that, Chen faces up to 10 years behind bars.




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