Ontario's Crypto King arrested

Be your own bank!

"The trustee's investigation found that Pleterski only invested about two per cent of investor funds while spending nearly $16 million on himself — renting private jets, going on vacations, adding luxury cars to his collection and leasing a lakefront mansion prior to his bankruptcy."



I would like to ask crypto fans to invest in Pekelo's Money for People Fund. I promise to invest more than 2% of capital...

 

Please also arrest those lazy foolish gullible investors.

 

No women in this sordid story?

 

What a moron. Leases? You buy a place on Lake Como in a trust, rent another pad for insta.

 

1) Never put your money with a guy wearing a flat cap and/or 2), grows a goatee.

 

He could done a lot better ngl

 

the whole crypto is a scam, why the surprise.

 

Umm, this is actually old news. And everyone in Toronto is well aware of his schemes by now since last year. What was really interesting is that an investigator in the case was ALSO a victim, and beat him up for it.

Now, he not only lost his investment, but also his career, etc.

 

Those foolish investors should be thrown into prison too.

There was a Canadian crypto CEO who went to India to 'die'.

So do your homework

 

How does this mean crypto is a scam? That's like saying if a bank goes bankrupt do to fraud that fiat is a scam. When you think about it, fiat is the scam with inflation continuing to deplete it.