Friday June 27, 2025

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud

by Bitcoin.com December 4, 2024 1 min read

(Originally posted on : Bitcoin News )

David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns. Victims, lured by flashy events and promises of wealth, invested through […]

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