$1 Billion Crypto Scam Allegedly Targeted Christian Immigrants

New York state sues, following another class action lawsuit filed earlier this year

Jun 25, 2024

∙ Paid

Cynthia Petion, with her cryptocurrency investment platform NovatechFX, promised Christian investors high returns but allegedly defrauded them through a Ponzi scheme. The New York Attorney General is now suing Petion, her husband, and the defunct company for defrauding tens of thousands of investors out of $1 billion.

Petion targeted Haitian immigrants …

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