U.S. Man Faces Up to 20 Years in Prison After Claiming to Offer Crypto-Mining Services to Defraud More Than $2 Million

Nov 30,2022
KingData News: U.S. Attorney Damian Williams of the Southern District of New York announced that U.S. man Chester J. Stojanovich faces up to 20 years in prison after pleading guilty to wire fraud, defrauding more than $2 million from a dozen victims between 2019 and 2022. Chester J. Stojanovich is scheduled to be sentenced at a plea hearing on March 2, 2023, for allegedly providing specialized cryptocurrency mining computers (miners) and hosting services for miners, when in fact Chester J. Stojanovich misappropriated the victims' money.
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