⏱ 2 min read
Taj Tarsha, the founder of Few and Far Limited, a New York-based NFT startup, has been indicted for securities and wire fraud. Tarsha allegedly defrauded investors by making false statements about the use of their funds and then misappropriating the money for personal gain. The scheme began in February 2022, with Tarsha soliciting investments through Simple Agreement for Future Tokens (SAFTs). The case is being prosecuted in the Southern District of New York, with Tarsha facing charges that could lead to significant prison time.
According to the indictment, Tarsha promised investors that their money would be used to build a marketplace for non-fungible tokens, but instead, he used the funds for his own benefit. The FBI and the US Attorney’s Office for the Southern District of New York are working together to hold Tarsha accountable for his actions. Tarsha was arrested on June 6, 2026, and his case has been assigned to U.S. District Judge Lewis A. Kaplan.
The prosecution of Tarsha sends a strong message to business leaders that they will be held responsible for their actions, particularly when it comes to deceiving investors. As Deputy United States Attorney Sean S. Buckley stated, investors have the right to know the truth about their investments, and those who lie for personal gain will face consequences.
The FBI remains committed to protecting the integrity of financial markets and will continue to investigate potential financial offenses. The case against Tarsha is a prime example of the agency’s efforts to root out fraud and hold perpetrators accountable.
📋 Key Facts
- Crime: Fraud & Financial Crimes
- Defendant: New York
- Location: NY
- Source: DOJ Press Release
