Five people linked to the organization called “Vayo Coin”, which promoted the sale of cryptocurrencies through advertising on social networks with figures from the show were arrested in the last few hours accused of defraud your customers using the classic Ponzi schemeand for money laundering, reported police sources.
After 21 raids carried out in the Metropolitan Area of Buenos Aires (AMBA) and in the Patagonian cities of Comodoro Rivadavia and Río Gallegos, members of the Argentine Federal Police (PFA) arrested four men and one woman.
Police spokesmen reported that, in the proceedings, ordered by Federal Criminal and Correctional Judge 12, Ariel Lijo, the agents seized notebooks, cell phones, hard drives, 82,000 pesos in cash and documentation of interest to the case.
According to the investigations, the company “Vayo Coin SA and others” used a scheme called Ponzi, similar to the one used by the firm Generación Zoe, through which it attracted investors who were looking for a higher return on the market, and who actually financed the expenses. of the organization.
Also, they promised the sale of Bitcoin and Ethereum, among other recognized cryptocurrenciesand used advertisements made by celebrities, through stories and posts on their social networks, as a method of promotion.
In this way, they managed to reach a greater number of potential customers.
The five arrested suspects will be investigated in the next few hours by Judge Lijo.
