A German national accused of overseeing a $150 million crypto fraud has turned fugitive after failing to appear in court.
Horst Jicha was facing trial on charges of securities fraud, wire fraud, and money laundering over his alleged involvement in the USI Tech cryptocurrency scheme.
Per CNBC, Jicha is suspected of tampering with his ankle bracelet monitor, after Pretrial Services noticed that it had stopped working. Jicha then failed to respond to an email from Pretrial Services directing him to visit their office.
Over a day had elapsed before Pretrial Services notified prosecutors that Jicha’s ankle monitor had stopped working, CNBC reported. Following his failure to appear in court, there is a “very active investigation underway to…
Oct 17 2024
