This Instagram Creator Pleads Guilty To Extorting His Followers Out Of $2.5M In Bitcoin | Tech Reddy

[ad_1] An Instagram developer, Jebara Igbara, known as “Jay Manzini,” has pleaded guilty to luring investors into a multi-million dollar Ponzi scheme. Authorities say he defrauded his followers and lost nearly $8 million in the scam. According to the Justice Department report, Igbara asked his followers to release him Bitcoin (CRYPTO: BTC) worth $2.5 million. … Read more

Instagram personality ‘Jay Mazini’ pleads guilty to Bitcoin scam and Ponzi scheme | Tech Reddy

[ad_1] An Instagram personality known for lending money to strangers in New York pleaded guilty Wednesday to running a multimillion-dollar Ponzi scheme and Bitcoin fraud. Jebara Igbara, who amassed nearly a million followers as Jay Mazini, entered his guilty plea in Brooklyn Federal Court and could face up to 10 years in prison as part … Read more

Instagram Person Known As “Jay Mazini” Pleads Guilty To Wire Fraud, Wire Fraud Conspiracy and Money Laundering | USAO-EDNY | Tech Reddy

[ad_1] Earlier today, Jebara Igbara, known as “Jay Mazini,” pleaded guilty in Brooklyn District Court to three counts of wire fraud, conspiracy to defraud phone and cash down. In the news, until March 2021, Igbara maintained a popular Instagram account under the name “Jay Mazini,” where he posted videos showing, among other things, times he … Read more

Jay Mazini, NYC Instagram celeb, pleads guilty in Bitcoin fraud scheme | Tech Reddy

[ad_1] NEW YORK – Jebara Igbara, also known as Jay Mazini, has pleaded not guilty in a Brooklyn federal courtroom to three counts of wire fraud, wire fraud and money laundering. The Edgewater, New Jersey man has a popular Instagram account under the name “Jay Mazini,” where he posts videos showing, among other things, the … Read more