UK authorities have jailed a pair of criminals for cold-calling 65 victims and convincing them to invest in a fake crypto consultancy firm.

Raymondip Bedi and Patrick Mavanga “conspired to drive a coach and horses through the regulatory system,” Judge Martin Griffiths said at Southwark Crown Court sentencing last week.

The pair ran their scam between 2017 and 2019 under company names including CCX Capital and Astaria Group LLP, eventually stealing $2.03 million (£1.5 million).

Both men pleaded guilty to fraud and related charges, including money laundering and possession of false identification documents. Mavanga received a separate conviction for perverting the cou

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Author: Vince Dioquino

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