Crypto Scam Dad & Son Duo Break Internet and Bank Accounts

Meet Austin, 62, Long Island’s very own crypto wizard… or so he thought. Instead of conjuring digital gold, he was busy pretending to be a legit crypto broker, selling hot air disguised as “high-yield investments.” His partner-in-crime? His son Brandon—because what says family bonding like fleecing your nearest and dearest for millions?

Champagne Dreams on a Blockchain Budget

The Department of Justice spilled the tea: the Austins snagged a cool $5 million in one swoop, then carved out another $4 million. But returns? Nah, that’s for suckers. They redirected the cash straight into lavish escapades involving five-star hotels, probably sipping cocktails with tiny umbrellas rather than investing in anything remotely productive.

“Nothing says family values like a criminal collab,” quipped U.S. Attorney Jay Clayton, correctly highlighting the “father-son bonding” that involved draining wallets instead of building futures.

This sentencing serves as a shiny, no-nonsense reminder: the government’s sharpening its knives in the crypto jungle, and scammers like the Austins just became prime targets in the increasingly high-stakes game of digital deception. 🕵️‍♂️💸

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2025-04-24 21:20