The duo prison in London against a two -million dollar encryption system star-news.press/wp

“My hand and Mavanga were fraudulently defrauded by dozens of innocent victims, and it is correct that they received these sentences.”

He added: “The criminals must be clear that there is a cost of committing a crime and we will seek to pay them.”

FCA displays London encryption scheme

Between February 2017 and June 2019, Bedi and Mavanga defrauded at least 65 investors out of a total of 1,541,799 pounds, equivalent to approximately $ 2,100,000.

According to a press release in November 2024Bedi and Mavanga Consumer Consumer are called to direct them to a website that provides investment opportunities in encryption.

In fact, the site and the supposed high cryptocurrency shows were highly returned as their own financial gains.

Bidi acknowledged that he is guilty of conspiracy for fraud, conspiracy to violate the general ban under the 2000 financial services and markets law and money laundering crimes in a hearing in May 2023.

Meanwhile, MAVANGA acknowledged that he was guilty of conspiracy for fraud, conspiracy to violate the general ban under the 2000 Financial Services and Markets Law and possess the wrong identity documents with an incorrect intention in June 2023.

Smart said in a statement at that time: “I attracted my hand and Mufanga investors with high returns on encryption investments, but their plans were only a harsh fraud.”

“If you are contacted from the blue color about the chance of investing that looks very good so that it does not believe, it is likely that it is.” “If you are in any doubt – do not invest.”