#DavidKagel , an 86-year-old former California lawyer, just got sentenced to 5 years probation for his role in a $9.5 million crypto Ponzi scheme. And the cherry on top? He owes nearly $14 million! 😳
#Kagel promised investors sky-high returns (up to 100%!) and even claimed to have 1,000 $BTC in Escrow. Spoiler: he didn’t. 🧐 Now he’s serving probation in a senior care facility, complete with a monitoring device!
Crypto Ponzi schemes and bad health—talk about retirement goals gone wrong! 😅
