Saturday, December 23, 2023

For IcomTech Crypto Ponzi Carmona Pleads Guilty to 151 Months As Others Head to Trial


by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Dec 21 –  For a cryptocurrency Ponzi scheme called IcomTech, which held a promotional event in or near NYC's Times Square, David Carmona on December 21 pled guilty before U.S. District Court for the Southern District of New York Judge Jennifer L. Rochon. Inner City Press was there to cover it - and a related upcoming trial - thread:

Judge Rochon: How old are you?  Carmona: 40. 

Judge: What was your highest level of education?

 Carmona: Only primary, in Mexico. [Carmona has been in detention. There are 2 US Marshals behind him.] 

Judge: You are pleading guilty to Count 1, conspiracy to commit wire fraud? Carmona: Si.

Judge: Have you seen the Nov 30 Pimintel letter, with 151 to 188 month prison guideline?

Carmona: Si. 

Carmona: I was part of a plan to offer to double people's money with Bitcoin. It was called IcomTech. When it couldn't be done, we just kept the money 

Judge: What did you tell people you would do with their money?

Carmona: Bitcoin mining.  AUSA: They did a promotional event in or near Times Square. We have video.

Judge: I accept your guilty plea. 

There are co-defendants and there will be a trial - watch this site.

The case is US v. Carmona, et al., 22-cr-551 (Rochon)

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