Law360 (January 17, 2020, 3:45 PM EST) — Two people with a blockchain technology company were charged in New Jersey federal court Friday with duping investors about their backgrounds and business relationships to raise $30 million in cash and cryptocurrency, with prosecutors alleging one fraudster used aliases and changed his appearance to hide his criminal past.
Edith Pardo, 68, of Bloomfield, New Jersey, and Boaz Manor, 46, of Toronto, Canada, were indicted on securities fraud, wire fraud and conspiracy charges over their purportedly fraudulent efforts to solicit investments in CG Blockchain Inc., according to the U.S. Attorney’s Office for the District of New Jersey.
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