Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam

The Department of Justice (DOJ) says James Wolfgramm, 43, of Spanish Fork, Utah, wooed his victims by portraying himself on social media as “a multimillionaire who made his fortune in cryptocurrency.” Indeed, Wolfgramm’s Twitter account, which has 10 followers, declares him to be “one of the most well-known entrepreneurs on the planet” and a “financial advisor that helps more than 10,000 clients each year.”

Source: https://www.coindesk.com/policy/2022/09/22/utah-man-charged-with-7-felonies-in-connection-to-alleged-17m-crypto-mining-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines