A South Florida federal district choose sentenced a Washington, D.C., man to 6 years in federal jail for working a $25 million diamond funding scheme that included a crypto part. He should additionally pay over $23 million in sufferer restitution.
The accused, Jose Angel Aman, and his companions had been sentenced by U.S. District Choose Rodolfo A. Ruiz II of the Southern District of Florida for soliciting funds from folks in the USA and Canada for purported diamond contracts.
Aman and his companions promised buyers the cash was secure and backed by a listing of precise diamonds, the U.S. Division of Justice (DOJ) mentioned, however Aman “not often used buyers’ cash to buy, lower and resell tough diamonds. Nor did Aman have a $25 million diamond stock.”