Praetorian Group CEO Ramil Ventura Palafox pleads guilty to $200M Bitcoin Ponzi scheme that defrauded 90,000 investors. Ramil Ventura Palafox, the chief executive of Praetorian Group International (PGI), has pleaded guilty to wire fraud and money laundering. Prosecutors say that he ran a Bitcoin Ponzi scheme that drew more than $201 million from 90,000 investors […]
The post Ramil Palafox Pleads Guilty To Defrauding More Than 90,000 Investors Of $200M appeared first on Live Bitcoin News.