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Techub News reports that, according to The Block, the U.S. Department of Justice has disclosed that Georgia resident Michael Shannon Sims and New Jersey resident Juan Carlos Reynoso have been charged with operating the international fraudulent scheme OmegaPro, accused of conspiracy to commit telecommunications fraud and conspiracy to commit Money Laundering, involving an amount of 650 million dollars. The two men marketed "forex investment packages" to investors through a multi-level marketing model, promising a 300% return within 16 months and requiring payment in Crypto Assets. If convicted on these conspiracy charges, each could face up to 20 years in prison.

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