OmegaPro Founder and Co-Conspirator Charged by U.S. DOJ in $650M Ponzi Scheme

coindesk.com/policy/2025/07/09/omegapro-founder-and-co-conspirator-charged-by-us-doj-in-650m-ponzi-scheme

The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi scheme which defrauded investors of over $650 million.
Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s…

This story appeared on coindesk.com, 2025-07-09 05:26:46.
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