The US Attorney's Office Eastern District of New York has announced that New York-based businessman Maksim Zaslavskiy has been arrested on Nov. 1, 2017, due to securities (19459003)
Zaslavskiy was recently accused by the US Securities and Exchange Commission (SEC) of defrauding investors in the ICOs.
According to acting US Attorney Bridget Rohde, Zaslavskiy and his cohorts were able to attract investors by pleading ICOs even though they knew that they were not actually real estate diamonds were actually supporting
"As alleged, Zaslavskiy and his associates by ICOs even though Zaslavskiy knew that no real estate or diamonds were actually backing the investments. "
Based on the charge, on the ICO was marketed by real estate assets, while the other ICO was claimed to be backed by diamonds.
The SEC charges against Zaslavskiy
In late September 2017, The SEC has filed charges against Zaslavskiy and two related firms, alleging that the businessman has misrepresented the amount he generated from the two ICOs. At the time, the SEC was also successful in securing the assets of the assets of Zaslavskiy and the two companies.
The prosecutors in the case actually exist. The two companies involved in the Diamond Reserve Club (DRC) World and the REcoin Group Foundation.
The case is being handled by the Office of the Business Fraud Section, with Assistant US Attorney Julia Nestor appointed charge of the prosecution. If proven guilty, Zaslavskiy faces up to five years in jail, a fine