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New England man charged in alleged crypto fraud after losing nearly $1 million on gambling site
A New England man has been charged in a 21-count indictment for crimes related to alleged crypto fraud, the U.S. Justice Department said on Thursday. While posing as an expert cryptocurrency investor, Elmin Redzepagic, of Connecticut, reportedly lost nearly $1 million of other people’s money on the offshore gambling platform Stake.com between May 2021 and March 2025. Redzepagic was charged with three counts of making a false statement to IRS Criminal Investigation agents, seven counts of wire fraud and 11 counts of international money laundering. Each IRS violation carries a maximum penalty of five years ... (full story)