applancer Advertise

Bitcoin Scammer Renwick Haddow Deported From Morocco To U.S.

Apr 17, 2018 Posted /  978 Views

Bitcoin Scammer Renwick Haddow Deported From Morocco To U.S.

Citizen of Britain and asserted Bitcoin fraudster, Renwick Haddow, has been deported from Morocco to the United States. He showed up in a Manhattan District Court, which is the U.S  Department of Justice (DoJ).


The Department of Justice grievance accused Haddow, who is 49 years old of making false and deceiving representations to investors in Bitcoin Store, Bar Works, and other related plans since 2014 through 2017. He has been accused of two counts of wire deceit for Bitcoin Store and Bar Works, with each having a sentence of 20 years in jail.

Renwick Haddow was arrested in Tangiers last year after Interpol issued a warrant for his capture. The warrant considered the Securities and Exchange Commission's (SEC) applications for definite default judgements against three of Haddow's strategies, demanding him to pay retribution in abundance of $83 million for the fraud related to securities.

Bitcoin Store was allegedly a crypto exchange in spite of the fact that the SEC investor funds were redirected and the exchange never progressed toward having profits. Bar Works, in the interim, unlawfully rented co-working space services to financial specialists around the globe. The SEC claimed Haddow duped investors out of around $37 million altogether. In the two plans, Haddow is said to have disguised his association under a false identity.

Not long ago, the SEC charged a deceitful celebrity who backed an ICO with illegally elevating $32 million in unregistered ventures. Earlier this year, in March, the SEC enforcement division co-director affirmed the office is as of now directing handfuls of digital currency-related examinations all over the United States.

Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .

For more details on how you can submit an opinion or any news , view our Editorial Policy or email [email protected].

Tags: bitcoin bitcoin scam Renwick Haddow Deported Bitcoin fraudster

Hottest Blockchain Newsletter

For updates and exclusive offers, enter your e-mail below.