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US Charges Two Over $650M OmegaPro 'Global Fraud Scheme'

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Jul 9, 2025

Two men, Michael Shannon Sims and Juan Carlos Reynoso, have been charged with orchestrating a massive crypto investment scam through OmegaPro, defrauding victims of over $650 million. The scheme allegedly involved false promises of high returns and luxury displays to lure investors into purchasing "investment packages."

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