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Woman sentenced to 71 months for $769K bitcoin wire fraud targeting older victims

Market News
27 Apr 2026
Bitcoin
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Bearish
pluang ai news

Sze Man Yu Inos was sentenced to 71 months in federal prison for a bitcoin wire fraud scheme that targeted older women in Saipan, Guam, and later in Washington and California. She gained victims' trust through false claims of wealth and business success, soliciting investments that led to losses totaling over $769,000. The case highlights the dangers of affinity fraud, where criminals exploit personal trust to commit financial scams. Inos also faces supervised release, community service, and financial penalties including restitution and forfeiture.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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