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UTAH MAN GETS THREE YEARS FOR $2.9M FRAUD TIED TO CRYPTO CASH SCHEME
Brian Garry Sewell received a three-year federal prison sentence after being convicted of wire fraud and operating an unlicensed money transmission business.
Prosecutors stated that he falsely represented his professional background to investors while running a cash-to-crypto operation without proper registration.
The case involved both investor fraud claims and violations related to converting large amounts of cash into #cryptocurrency .
#CryptoScam #Crypto