Forcount promoter received 20-year sentence in October 2024
The record describes false daily profits, blocked withdrawals and a proprietary token sold as complaints grew.
- Cited claims
- 1
- Source records
- 1
- Edition revision
- 2
In this investigation
Sentence date versus announcement date
Tacuri was sentenced on 15 October 2024; the DOJ announcement was published the following day. The 240-month sentence equals 20 years. The announcement describes complaints about withdrawals from at least April 2018 and a later proprietary token pitch. Those dates place the withdrawal problems before the eventual sentence and help explain why a new token offer was not evidence that existing obligations had been paid.
The sentencing record
DOJ's October 2024 announcement reported a 240-month prison sentence for senior Forcount promoter Juan Tacuri. It described a scheme that promised cryptocurrency mining and trading profits while using victims' funds to pay other participants, promote the operation and enrich its organisers. The record also identifies the Weltsys name in connection with the scheme.
Balances without access
Investors could see purported profits in an online portal, but most could not withdraw those displayed gains. According to the announcement, withdrawal difficulties were apparent by April 2018 and were met with delays, excuses and hidden fees. The ability to log in and see a rising balance therefore did not mean the balance represented accessible investment proceeds.
A token did not resolve the shortfall
As complaints mounted, promoters sold Mindexcoin with claims about future value and acceptance for payments. DOJ described those claims as false and the tokens as essentially worthless. The token sale brought in more money without establishing the promised underlying business or resolving earlier investors' losses. The sentencing record links both stages within the same documented scheme.
Sources, dates and limits
This is an archive of the October 2024 sentencing announcement. References to withdrawal problems, Mindexcoin and the end of payments describe the historical scheme. No present token price, active claims window or recovery rate is asserted.
Evidence & sources
- Adjudicated finding
DOJ's October 2024 sentencing record describes Juan Tacuri's 240-month sentence and Forcount's false mining, trading and token claims.
Supporting excerpt: Senior Promoter In Cryptocurrency Ponzi Scheme Sentenced To 240 Months In Prison
240 months
Senior Promoter In Cryptocurrency Ponzi Scheme Sentenced To 240 Months In Prison ↗
