Woman Who Claimed Bitcoin Riches to Befriend Elderly Victims Sentenced to Prison
A United States choose sentenced a Saipan girl to 71 months in federal jail. The defendant orchestrated a scheme that defrauded older girls.
She falsely claimed she got here from cash in China, owned a number of companies, and made a fortune buying and selling Bitcoin (BTC).
Saipan Woman Gets 71 Months for Bitcoin Investment Scam Targeting Older Women
According to the press launch, Sze Man Yu Inos, 30, also called Yuki, defrauded victims throughout a number of states. Between November 2020 and January 2022, she approached older girls on Saipan and Guam. She posed as a wealthy Chinese heiress and a profitable Bitcoin investor.
The authorities revealed that Yuki treated victims to costly meals and presents and “bragged to them about how a lot cash she made investing in Bitcoin.”
“She confided in them about fictitious private issues and claimed their friendship was vital to her – typically telling them, ‘You are like my mother.’ After gaining the victims’ confidence, Yuki requested cash from these girls. She additionally solicited investments in Bitcoin primarily based on false pretenses,” the press launch read.
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The scheme continued after she left the Marianas, with new victims defrauded in Washington and California. FBI Honolulu Special Agent in Charge David Porter mentioned Yuki solid a federal choose’s signature to advance the scheme. The act confirmed contempt for victims and the rule of legislation, he mentioned.
Yuki was discovered responsible of wire fraud. Alongside the jail time period, the court docket ordered three years of supervised launch, 100 hours of group service, restitution totaling $769,355.67, and a compulsory $200 particular evaluation. In addition, a prison forfeiture judgment of $684,848.34 was imposed.
Crypto scams have surged throughout the US. The Federal Bureau of Investigation (FBI) reported $11.4 billion in losses from cryptocurrency fraud in 2025. That marked a 22% soar from 2024. Americans aged 60 and older accounted for $4.43 billion of these losses.
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