US Charges Canadian Man for Fraud Targeting Investors on Discord
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US prosecutors charged a Canadian citizen with orchestrating a scheme that fraudulently raised more than $42 million, targeting individuals on chat app Discord Inc. while claiming to invest in traditional finance and crypto.Nathan Gauvin, 26, used most of the money to pay investor withdrawals and buy luxury goods, jewelry and pay his personal credit card bills, federal prosecutors in Brooklyn, New York alleged on Wednesday.