Saipan woman gets 71 months in prison for bitcoin fraud targeting senior victims
Summary
Sze Man Yu Inos, also known as "Yuki," has been sentenced to 71 months in federal prison for orchestrating a wire fraud scheme. Between 2020 and 2022, the 30-year-old targeted elderly women in Saipan, Guam, Washington, and California by falsely claiming to be a wealthy bitcoin investor. She exploited personal relationships to solicit funds, resulting in significant financial losses. In addition to her prison term, she was ordered to pay $769,355 in restitution and a $684,848 personal money judgment.
(Source:The Block)