Luxury cars seized from 23-year-old 'Crypto King' as investors try to recoup millions
Two McLarens, two BMWs and a Lamborghini make up just a few of the $2 million worth of assets seized from 23-year-old Aiden Pleterski as his investors try to recoup millions of dollars they handed over to the self-described "Crypto King."
Targeting 10-20 percent biweekly gains and a guarantee the initial investment would be repaid. Defrauding people is absolutely wrong but boy are people gullible.
Giving tens of thousands of dollars to a dude in his early 20s to help you get rich quick on crypto and foreign assets?
Some people just can’t think past their nose.
"Unlike Moore, some of those investors borrowed their investment funds from a line of credit."
with a kid
who promised 10 to 20% biweekly in capital gains (edit: time period correction)
Really really finding it hard to be sympathetic...
From the article, they had an agreement which included "target capital gains of 10 to 20 per cent biweekly". It's still a little stunning that people would believe that this is possible over the long term. Play stupid games.....
I wouldn't even give my 23 year old nephew the keys to my car. I love him but....
Man, there are days where I wonder what I could have done if only I were a sociopath…
This world seems tailor made for them.
Toronto Life editor is literally that dude rubbing his hands behind a tree meme right now
I'm perpetually amused by these libertarian crypto-bruhs who invest in crypto to avoid paying taxes but then rely on the tax-paid-tools-of-the-state to fix the mess they got themselves into.
Classic Ponzi scheme with a new twist. He can easily hide all the crypto and declare bankruptcy. Even if serves a couple years that is still millions of dollars of untraceable money.
This guy could have played this so much better… put $35m into a HISA and he could have made like $500k in interest without possibly getting into this mess?
If you watch ANY episode of American Greed you learn that of someone GUARANTEES a return, run away.
This guy tried to onboard with our company a while back and we rejected him because it was pretty obvious he wasn't a fucking "private equity firm"
When asked why he continued to invest money when he knew he couldn't repay his current investors, Pleterski told the meeting he "was a 20-something-year-old kid."
I like how his defence is essentially Unfrozen Caveman Lawyer but for being young.
Had someone on reddit randomly message me like they wanted to be friends (picture of an attractive lady). Naturally i was skeptical but figured i wanted to at least know what the scam was. After a few days "she" revealed that she lived off of crypto and just went to the ATM 2 -3 times a day to pick up thousands of dollars, and that was her only job. They're just trying to sucker anyone into giving them money by appearing to be successful.