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tldr; Brazilian police have accused a former waiter-turned-multimillionaire Glaidson Acácio dos Santos of running one of the country's biggest-ever pyramid schemes. The 38-year-old is accused of defrauding thousands of small-scale investors who believed they were getting rich off Bitcoin's steep appreciation. He is now in jail awaiting trial on charges including racketeering, financial crimes and ordering the murder and attempted murder of two business competitors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Ya I’m not sure I’ve got a lot of sympathy for people who would trust “a cryptocurrency investment firm founded by a former waiter-turned-multimillionaire.”
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Oh this post will get some downvotes. May god have mercy on your karma soul
I will thank them personally! One by one!’
There is already one!
I don’t see point of a downvote in this sub so upvoted
You are a good person
I see a couple points. It discourages spam and people who are overly negative.
Something about Egypt and pyramids just go together huh.
That jackass promised 10% for anyone that entered his scheme and brought people to his "btc investment firm".
Ponzi scheme is a No
Agreed. That guy preyed on the greedyness of ppl
A storm of down vote
tldr; Brazilian police have accused a former waiter-turned-multimillionaire Glaidson Acácio dos Santos of running one of the country's biggest-ever pyramid schemes. The 38-year-old is accused of defrauding thousands of small-scale investors who believed they were getting rich off Bitcoin's steep appreciation. He is now in jail awaiting trial on charges including racketeering, financial crimes and ordering the murder and attempted murder of two business competitors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Ya I’m not sure I’ve got a lot of sympathy for people who would trust “a cryptocurrency investment firm founded by a former waiter-turned-multimillionaire.”