The United States Attorney’s Office for the Northern District of Georgia announced on Thursday that Atlanta-based filmmaker Ryan Felton, 48, pleaded guilty to 12 counts of wire fraud, 10 counts of money laundering, and 2 counts of securities fraud that stemmed from two cryptocurrency-based investment scams.
“The defendant used 21st century technology to perpetrate an age-old fraud: lying to investors to steal their money and fund his own lavish lifestyle,” United States Attorney Ryan K. Buchanan said.
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