American businessman of Ukrainian origin accused of deceiving investors

Фото: Depositphotos

The US Securities and Exchange Commission has filed its first case for fraud in an ICO, an initial public offering of cryptocurrency that is similar to an IPO exchange. This was reported by the press service of the commission.

Entrepreneur Maxim Zaslavsky, who founded the company, is accused of fraud Diamond Club Reserve World (DRC World) and REcoin Group Foundation. They are accused of fraud and violation of the rules for registration of papers. They are threatened with a ban on activities, and they will also have to return the money raised and pay a fine. Zaslavsky also will not be able to occupy leadership positions and participate in the placement of digital assets.

According to the US authorities, the company traded unsupported securities and cryptocurrency, which does not exist. The entrepreneur allegedly promised customers Recoin return money for real estate shares. He claimed that he had a team of investors, lawyers and accountants, which in fact was not.

Second company Diamond Club Reserve World supported cryptocurrency investments with diamond sales and discounts for club members. In this case, the entrepreneur overestimated the amount of investment - instead of $ 300 thousand, which attracted Recoin, he talked about $ 2-4 million

According to the urgent decision of the Federal Court of Brooklyn, both companies and all the assets of Maxim Zaslavsky were frozen. Currently, the SEC requires companies to pay fines, as well as the return of all funds raised. In addition, the Commission will take measures to prohibit Zaslavsky from conducting ICO campaigns in the future.

Zaslavsky said in an interview Anycoin.newsthat he intended to fight, and his companies did not deceive anyone. He offered to fully return the funds to everyone.

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