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Ontario’s self-styled ‘Crypto King,’ Aiden Pleterski, was arrested and accused of fraud and money laundering related to an alleged Ponzi scheme following one of the most extensive fraud investigations the region has witnessed.The charges stem from a 16-month investigation known as ‘Project Swan’ conducted by Canadian authorities amidst an ongoing bankruptcy case related to the alleged scheme, which has garnered significant media attention in the country.
“Mr. Pleterski has been charged with one count of fraud over $5,000 contrary to Section 380 of the Criminal Code, and one count of laundering proceeds of Canadian crime contrary to Section 462.31 of the Criminal Code. The allegations involving Mr. Pleterski are covered by a publication ban issued on May 14, 2024, pursuant to subsection 517 of the Criminal Code.”
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