Forcount Kingpin Tacuri Pleads Guilty to $Millions in Cryptocurrency Wire Fraud

Senior Forcount promoter JUAN TACURI, a key figure in the global cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. The scheme, which targeted Spanish-speaking populations in the U.S. and abroad, reaped millions of dollars from unsuspecting investors.

Tacuri’s guilty plea was announced by U.S. Attorney Damian Williams, who vowed to continue pursuing Ponzi schemers who target vulnerable communities. “Juan Tacuri is being held to account for taking advantage of retail investors and selling them a fabricated investment opportunity,” Williams stated.

According to court documents, Forcount promised investors guaranteed daily returns and the doubling of their investments within six months. In reality, the scheme was a ruse, with Tacuri and other promoters using victim funds to pay off other investors, promote the scheme, and enrich themselves.

Tacuri, a senior promoter in the Forcount scheme, traveled extensively throughout the U.S., hosting lavish expos and small community presentations to lure investors. He would present Forcount’s investment products, boast about his earnings, and wear designer clothing to events, creating a festive atmosphere designed to generate excitement about the scheme.

Victims invested in the Forcount scheme using cash, checks, wire transfers, and cryptocurrency. They were provided with access to an online portal where they could monitor their purported returns, but most were unable to withdraw any of these supposed profits and ultimately lost their entire investments.

Tacuri’s sentencing is scheduled for September 24, 2024, before U.S. District Judge Analisa Torres. He faces the consequences of his actions, having reaped millions of dollars from his participation in the Forcount scheme. The guilty plea marks a significant victory for the U.S. Attorney’s Office in its pursuit of Ponzi schemers who target vulnerable communities.

The Forcount scheme, which spanned the globe, was a classic example of a Ponzi scheme, where returns were paid to existing investors from funds contributed by new investors, rather than from profit earned. The scheme’s collapse left investors with significant financial losses, and Tacuri’s guilty plea brings some measure of justice to those affected.

As the U.S. Attorney’s Office continues to pursue those responsible for Ponzi schemes, it sends a clear message: those who prey on vulnerable communities will be held accountable for their crimes.”

The Forcount scheme’s impact on investors was devastating, with many losing their life savings. Tacuri’s guilty plea serves as a reminder that Ponzi schemes are a serious crime, and those who participate in them will face the consequences.

The U.S. Attorney’s Office will continue to work tirelessly to protect investors and bring those responsible for Ponzi schemes to justice. In this case, the guilty plea of Juan Tacuri marks a significant step towards justice for those affected by the Forcount scheme.