New York jury convicts two promoters of IcomTech crypto ‘Ponzi’
David Brend and Gustavo Rodriguez were convicted of wire fraud conspiracy for helping promote and run the now-collpased fake crypto mining and trading scheme.
A New York jury has convicted two former promoters of alleged crypto mining and trading company IcomTech of wire fraud conspiracy — with both now facing a maximum sentence of 20 years for their role in the “Ponzi” scheme.
On March 14, a jury in a New York District Court found David Brend and Gustavo Rodriguez guilty of one count each of conspiracy to commit wire fraud, putting an end to a trial that lasted two weeks.
The U.S. Attorney’s Office for the Southern District of New York said in a March 15 press release that IcomTech founder David Carmona hired Rodriguez in mid-2018 to make a website for the newly-launched IctomTech which touted itself as a crypto mining and trading firm.
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