Cryptocurrency News Today: Swedish gold-for-cryptocurrency scammer finally extradited to US
A Swedish citizen has been extradited from Thailand to the US. The Swede is facing charges of securities fraud, wire fraud, and money laundering based on a heinous Cryptocurrency investment con he’s run since 2006.
According to a US Department of Justice release, Roger Nils-Jonas Karlsson was extradited yesterday after being arrested in Thailand in June this year.
As Hard Fork has previously reported, Karlsson and his company, Eastern Metal Securities (EMS), were charged earlier this year following a complaint that claimed he had been running a gold-based investment scam.
Karlsson reportedly used a website to invite potential investors to buy shares in exchange for an eventual payout of in gold. However, the funds were never used to buy gold. Rather, they are tied up in real estate in Thailand, and not returned in any way to the i