GOOD NEWS! $650m ponzi scheme founder charged!
🕑 Added 2025-07-17 02:11:52 +0000 UTCAfter months of depressing news we finally caught a break. Today we're talking about the charges of MICHAEL SHANNON SIMS, who participated in both Traders Domain, and OmegaPro and we discussed two years ago.
JUAN CARLOS REYNOSO was also charged, both he and Michael Sims could face up to 20 years in prison if convicted -- for one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering.
So although I'm happy to criticize the government for their recent lax approach to fraud, I also have to give credit where it is due. Happy this one got through.
Read the original press release here: https://www.justice.gov/usao-pr/pr/omegapro-founder-and-promoter-charged-running-global-650m-foreign-exchange-and-crypto
Comments
ProCho™️🧠 @ProbLemChiLd1983 YouTube and Insta
@Coffeezilla - Are there no more CRIME IS LEGAL SHIRTS? I want to buy some now mwaaaa 😭
Jimmy R
I just got all my bitcoin stolen from me. How can I get coffeezilla to help? Please for the love of god.
Paskal
Hello coffee I just want to go back with the roobet stuff , we got a Steve will do it 2.0 , YouTuber names Togi , spent a lot of money , with " gambling and steroids " 🤣 maybe some content there maybe not . Sad to see the the fake online gambling is still going .
Drew Bernard
Hey Coffee, just throwing this theory out there and hoping you read it: what if the WSJ story was actually a plant by Trump to reunite his base behind opposition to a seemingly fake smear campaign while making Epstein a partisan issue? Most MAGAs are looking for a reason to restore their faith and Trump, and this makes the perfect psyop. What influence would the elite have over Trump that they wouldn't have over WSJ? Guilty elites with connections at WSJ might have pushed for this. Some actual 4D chess maybe.
DaMu
Okay, but where is Ted Sefranko? We gotta celebrate with him about this smuck getting caught before Crime became legal!
Mike Gervasi
Crime is legal. The shirt says so.
Azzam
Good work!! Strange how crime is legal and people are still getting charged, we gotta investigate this
Rod Torry
Thanks for all your great work!!!
clayton
Sweet! Happy to see the 1% illegal get their time in court.
Zhi Shan Sujata Tan
I will only believe it if they are convicted.
Ada MC
Nice. Crime is now only 99% legal. 😆
Patrick Taylor
Black tie for scammers court proceedings is my favorite coffee bit
Lebon14
huge W
Anthony Ilareguy
Crime is illegal!