Cases / Crypto & digital assets
USI Tech
Horst Jicha
ReportedJan 19, 2024
LocationGermany
Amount$150,000,000
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- USI Tech
- Industry
- Cryptocurrency investment packages (MLM)
- How investors were recruited
- Multilevel marketing: investors recruited other investors below them; social media marketing and in-person presentations
- Pitch & red flags
- falsely "guaranteed" high returns on cryptocurrency investment packages
Pitch phrases from this case
Source
U.S. Department of Justice official