Coin

<ul class="news-points">
 <li>Aiden Pleterski and aide Colin Murphy charged with money laundering</li>
 <li>The charges followed a joint investigation by Canada’s DRPS and OSC.</li>
 <li>OSC advises the public to scrutinize individuals offering investment advice</li>
</ul>
Canadian authorities have charged Aiden Pleterski, a self-proclaimed “Crypto King” residing in Whitby, Ontario, and his associate, Colin Murphy of Oshawa, Ontario, with fraud and money laundering offenses. The charges stem from a <a href="https://www.osc.ca/en/news-events/news/joint-investigation-leads-fraud-money-laundering-charges-against-self-proclaimed-crypto-king-and" target="_blank" rel="noopener noreferrer nofollow">joint investigation</a> – Project Swan – conducted by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission (OSC).
Pleterski faces the most serious allegations, including violating a court order (pursuant to subsection 517(1) of the Criminal Code) issued on May 14, 2024. He is also charged with one count of fraud exceeding $5,000 (Section 380(1)(a) of the Criminal Code) and one count of laundering proceeds of crime (Section 462.31(1)(a) of the Criminal Code). Pleterski remains in custody pending a bail hearing.
Murphy, the second suspect, is charged with a single count of fraud exceeding $5,000. Unlike Pleterski, he was released aft…
The post <a href="https://coinedition.com/fraud-and-money-laundering-canadian-crypto-king-and-associate-charged/" rel="noopener noreferrer nofollow">Fraud and Money Laundering: Canadian Crypto King and Associate Charged</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Fraud and Money Laundering: Canadian Crypto King and Associate Charged

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