Tennessee Man Indicted in Alleged Crypto Ponzi Scheme With $1.9M Diverted

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A federal indictment accuses Misam M. Abidi of running an alleged crypto Ponzi scheme through Star Credit Holdings from 2020–2024 and diverting more than $1.9 million to himself and family. Abidi faces 11 counts, including wire fraud, money laundering, operating an unlicensed money transmitting business, and filing false tax returns.
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