2024-08-27 12:42:35
The prosecutor’s office in the Netherlands requested today 26 months in prison for the “miracle investor” Max R., reports the New website (NU.nl). The 27-year-old man was brought before the court in Zvole for investing over 25 million euros without a license.
He said he did not know he needed a license to invest the money of 164 people between 2018 and 2023. He is on trial for money laundering and falsifying investment reports.
The Financial Markets Authority tracked down Max R after several banks reported large unexplained transfers to his bank account. According to the banks, this is tantamount to a “Ponzi” scam. In it, investors are promised high returns, but the profit paid out consists of the deposits of new participants. In April last year, R. was arrested.
R. apologized to the victims. “It was not my intention to abuse your trust and live as a god in France. It was out of ignorance,” he says. One of the defrauded is the co-founder and head of the crypto platform “Bitvavo” Mark Nouvelstein. He invested about 7 million euros through Max R, writes BTA.