Friday - November 1, 2024
Justice Dept.: Former Investment Banker and Registered Broker Sentenced for Operating $1.5M Cryptocurrency Investment Fraud Scheme
May 31, 2024
WASHINGTON, May 31 -- The U.S. Department of Justice issued the following news release:

A former investment banker, who was formerly a registered broker with the Financial Industry Regulatory Authority, was sentenced today to three years and five months in prison for a fraud scheme that resulted in approximately $1.5 million in investor losses and for a separate access device fraud scheme.

According to court documents, from November 2020 to August 2022, Rashawn Russell, . . .

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