resident was sentenced to two years and six months in prison with a non-parole period of 18 months after 21 investors were defrauded of $3.5 million from January to February 2021.No verdict for Danielle Easey murder juryWhen more than a dozen retirees entrusted Richard Emile Ayoub with millions in life savings to invest on their behalf, the self-declared strategic-thinking businessman used the cash to buy Bitcoin in an elaborate scam.
The 54-year-old was working with longtime associate Jazz Singh at the time in a scheme that promised investors their money would be used to buy bonds but instead it was used to purchase Bitcoin. "These are the sort of places one would not normally frequent in a state of financial desperation," she said.Victims, aged between 31 and 83 years old, were duped after coming across fake websites set up to look like legitimate financial companies offering bond investment services, some offered by Singh himself.
Only 2 years…. This is a joke?
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