Juan Tacuri, a senior promoter in the cryptocurrency Ponzi scheme Forcount (later called Weltsys), has pled guilty to conspiracy to commit wire fraud. The scheme primarily targeted Spanish-speaking communities in the U.S., promising guaranteed returns on investments in cryptocurrency mining and trading, which were entirely fabricated. Tacuri, one of the most successful promoters, made millions from the scam, which he used for luxury purchases.
Forcount attracted victims by hosting lavish events where promoters like Tacuri encouraged investments, claiming these would lead to financial freedom. Investors were shown fake profits on an online portal, but when they tried to withdraw their money, they faced delays, excuses, and hidden fees. Despite growing complaints, Tacuri and others continued to promote the fraudulent scheme and accept investments.
As the scheme began to collapse, Tacuri and other promoters introduced a worthless crypto-token called Mindexcoin, falsely claiming it would gain value. This only deepened the financial losses for victims. By 2021, Forcount stopped making payments, and promoters ceased responding to victims’ complaints, effectively abandoning the scheme.
Tacuri, now facing up to 20 years in prison, has agreed to forfeit nearly $4 million and properties purchased with victim funds. U.S. Attorney Damian Williams emphasized the commitment to holding Ponzi schemers accountable, particularly when they target vulnerable populations. The case is being prosecuted by the Illicit Finance and Money Laundering Unit, with assistance from various law enforcement agencies.
Reference:
