Tuesday - December 23, 2025
Fraudster Sentenced To 71 Months In Prison For Crypto Ponzi Scheme "IcomTech"
December 18, 2025
NEW YORK, Dec. 18 -- The office of the U.S. Attorney for the Southern District of New York posted the following news release:

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Fraudster Sentenced To 71 Months In Prison For Crypto Ponzi Scheme "IcomTech"

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United States Attorney for the Southern District of New York, Jay Clayton, announced that Magdaleno Mendoza was sentenced to 71 months in prison for his role in the large-scale cryptocurrency Ponzi scheme known as IcomTech and . . .

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