Rugby Rogue Gets Busted! 😱

Good heavens! An ex-rugby chap, Shane Moore, has been locked up for a positively dreadful crypto fiddle.

He promised mountains of daily dosh, but it was all a rotten Ponzi scheme, and he spent it on fripperies, the greedy rascal!

The FBI is in a right pickle, warning of these crypto swindles – more than half the losses are down to trickery!

A former semi-professional rugby player, a Mr. Shane Donovan Moore, is now residing in a considerably less comfortable setting – a U.S. federal prison. Two and a half years, you see, for swindling over 40 poor souls out of a whopping $900,000! The Department of Justice announced it on Thursday, and frankly, it’s about time. Honestly, the cheek of it!

Moore Promised Daily Mining Profits, Ran Ponzi with Friends’ Money

From January 2021 to October 2022, Moore concocted a company called Quantum Donovan LLC. He told everyone they’d be buying and operating these fancy cryptocurrency mining systems, and get this – a 1 percent daily profit! Imagine! Folks believed him, handed over their hard-earned money…and he simply pocketed it. A right bounder, this Moore.

But the truth, you see, is that Moore never bought a single mining gadget. Not one! He simply paid off the earlier victims with the money from the new ones. A classic Ponzi scheme! 😈 The rest? Oh, that went on rather lovely holidays, fancy clothes, and a swanky apartment. A truly luxurious life built on other people’s misery.

U.S. District Judge Tana Lin had a few choice words at the sentencing. She said Moore’s actions were “devastating,” and not just financially, but emotionally too! Can you imagine? Even his rugby mates and their families were caught in his web of deceit. The blighter!

Teal Luthy Miller, the U.S. Attorney, explained that Moore took advantage of people’s confusion about crypto. An old trick, really, dressed up in shiny new technology. “Huge profits with other people’s funds,” she said. She also remarked that the fraud caused broken friendships and destroyed trust. What a mess!

FBI Warns: Over Half of 2024 Crypto Losses Tied to Scams

Assistant U.S. Attorney Brian Wynne detailed Moore’s spending spree. Forget mining computers! It was travel, luggage, clothes, gadgets, and a deposit on a posh apartment. Wynne wanted a three-year sentence, just to really drive home how dreadful it all was. And frankly, he’s probably right.

Moore cast his net far and wide, conning folks in Utah, Oregon, Connecticut, New Jersey, and Washington. Many fell for it because they knew him from rugby. Thought he was a trustworthy sort. Oh, the irony! They lost their money and then faced the wrath of furious friends and family. A truly ghastly outcome. 😠

And Moore isn’t alone, you know. Dwayne Golden recently got 97 months for a $40 million Ponzi scheme! Bogus crypto sites, bogus returns…the same old story. He even tried to cover his tracks by lying and destroying evidence. Honestly, the nerve!

The crypto world is becoming a breeding ground for scoundrels. The FBI says crypto scams now account for over 50% of all crypto losses in 2024. The more people dabble, the more opportunities these tricksters find. It’s a truly alarming state of affairs.

So, Moore’s prison sentence serves as a warning: even seemingly respectable chaps can be tempted by easy money. The authorities advise investors to be cautious, know where their money is going, and beware of promises that sound too good to be true. Because, my dears, if it sounds too good to be true, it usually is! 🧐

2025-07-18 21:54

Moore Promised Daily Mining Profits, Ran Ponzi with Friends’ Money

FBI Warns: Over Half of 2024 Crypto Losses Tied to Scams

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