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Court Hands Florida Man a 20-Year Jail Term Over Crypto Ponzi Scheme

  • A New York-based federal court sentenced Juan Tacuri to a 20-year jail term for promoting a global crypto Ponzi scheme called Forcount.
  • Tacuri defrauded Spanish-speaking investors by promising high returns from crypto mining and trading.
  • He operated the Ponzi scheme from 2018 to 2021, luring investors with guaranteed monthly profits through Forcount's investment plans.
  • Besides the jail term, Tacuri has been ordered to forfeit nearly $3.5 million in illegally obtained gains and a Florida-based property bought with investors' money.

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