Senior Forcount Ponzi Scheme Promoter Sentenced To 20 Years In Prison

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Juan Tacuri, a senior promoter in the Forcount Ponzi scheme, has been sentenced to two decades behind bars for his role in the crypto fraud scheme, the United States Attorney’s Office announced Wednesday.

According to an October 16 press release, United States District Court Judge Analisa Torres ruled that Tacuri should receive the statutory maximum of 240 months in prison for wire fraud as part of promoting the international digital asset scheme.

“Juan Tacuri may have claimed to be involved in cutting-edge cryptocurrency investing, but, in reality, he was running one of the oldest tricks in the book: a Ponzi scheme,” U.S. Attorney Damian Williams said in a statement Wednesday. “Tacuri was one of the most prolific promoters of the Forcount Ponzi scheme, taking in millions of dollars from working-class victims.”

Update: Four months after his guilty plea, Juan Tacuri has been sentenced to 240 months in prison and ordered to forfeit $3,610,718.67 and title to a home in Florida he purchased in part with Forcount Victim funds. Crypto Criminals: https://t.co/ExLjXQJArQ https://t.co/xwFIZSiveC

According to federal prosecutors, Tacuri promised customers of the crypto mining and trading company that the organization’s profits would lead to guaranteed daily returns on investments as well as the doubling of those investments within a six-month time frame.

The now-convicted crypto fraudster reportedly “hosted lavish expos” as well as “small community presentations” that targeted victims in hopes of getting them to invest in the scheme.

Accordin