Chris Markowski hosts the Watchdog on Wall Street radio show. He looks out for financial frauds and scams like this one. He’s providing tips on how to avoid this.
ATLANTA — FBI Atlanta is trying to identify all victims in a case involving two cryptocurrency-based investment scams, allegedly led by Atlanta film producer Ryan Felton.
Felton faces sentencing in U.S. Federal Court on Nov. 22, but investigators hope to have more victims identified before that date.
The producer pleaded guilty earlier this year to multiple counts of wire fraud, securities fraud, and money laundering charges arising from these two investment schemes that the FBI said cost investors millions in losses.
Chris Markowski hosts the “Watchdog on Wall Street” radio show and podcast. He looks out for financial scams like this one, and financial frauds, and is familiar with the case.
“All you needed to do is to get a little bit of hype and a guy obviously, in his position, he was involved in Hollywood and had known some people and got people to bite when it comes to this,” he said. “I try to go after [these people] and try to help people out.”
In 2017, Ryan Felton promoted an initial coin offering (ICO) for a new entertainment streaming platform,…
