TechFlow news — The U.S. Department of Justice (DOJ) is filing charges against Luiz Capuci, Jr., CEO of Mining Capital Coin (MCC), accusing him of orchestrating a $62 million global fraud scheme. According to the DOJ, Luiz Capuci, Jr. misled investors regarding MCC’s mining and investment programs. Capuci and his team allegedly deceived investors into purchasing so-called "mining packages," falsely claiming that the company’s international network of mining machines would generate substantial profits and guaranteed returns, along with fake tokens named Capital Coin and trading robots. Capuci faces charges of conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to conduct international money laundering, which carry a maximum sentence of 45 years in prison.
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