The residents of the Buenos Aires town of San Pedro were shaken by a pyramid scam carried out through the RainbowEx platform. This Thursday, the lawyer Adolfo Suárez Erdairewho represents those affected, maintained that Justice does not know the total number of complaints that may be generated in the case and explained that there is a legal vacuum in this type of crimes.
The investigation into the fraud case continues to advance, and Erdaire revealed details: “Today I do not have the exact number of victimsbecause they go with summary secrecy. Although, the best possible job is being done, but they are being taken slowly because they have a whole system that was established by the Attorney General’s Office of the Province of Buenos Aires, regarding computer crimes.” In addition, He explained that no lawyer can have access except for his clients.
The money that was never returned
“There are people who cannot withdraw the funds and There are more than 230 thousand dollars that were made available because people believedI have clients who believed. Although they were told that this money was going to be returned on the afternoon of October 21, since that event did not occur, that same Monday the crime of pyramid scheme was established.“, he explained in relation to the deposit of $88 that the victims did, at the request of those involved.
He also pointed out that “they were delayed in collecting all the data and are charged in a case under article 310 of the Penal Code that goes through the Federal Jurisdiction under the responsibility of the Prosecutor and in which it is being investigated whether they had permission to work as financial entity”.
On the other hand, he mentioned one of the actresses who participated in the scams, whom the investors called ”The China”who would have had different roles, as well as received “US$250 for each intervention he had but the Federal reported that he is out of the country.”
Finally, he explained that “the creation of other platforms (for criminal purposes) is already a fact,” which is why he indicated that countries must take the matter very seriously, as the United Nations Organization warned in 2001.
RainbowEx had extended the deadline to deposit the money that would allow the investment to be recovered
The company made the announcement through a Telegram message. “Because some users mistakenly believe that account activation funds will be deducted from the account balance, they do not participate in the activation time,” RainbowEX explained.
For this reason, they decided to extend the time to “activate” account” to ensure smooth completion of activation for contributors in Argentina and related regionsit was decided to extend the account activation time until Sunday, October 20 at 10 p.m.
He later reported that investors will be able to withdraw your money on Monday the 21st starting at 00while account activation “will be completed automatically through a single recharge of US$88.” The money invested “will be returned to the account balance when the withdrawal order is sent again on October 21, without additional operations,” they announced.
At the same time, he warned that those who do not complete the corresponding process within the established time “will be considered maliciously registered or involved in illegal activities such as money laundering”.
What is being investigated in the Rainbow Exchange case?
Within the framework of the preliminary investigation initiated yesterday by the Decentralized Fiscal Headquarters of San Nicolás, led by federal prosecutor Matías Di Lello, regarding alleged pyramid schemes that would affect thousands of residents of the Buenos Aires city of Saint Peter, The National Securities Commission (CNV) informed the prosecutor’s office that the financial platforms involved are not registered with that entity, which reinforces the hypothesis of the possible configuration of the crime of unauthorized financial intermediation.
The other possible federal crime under investigation is money laundering.
“As of the present date, “RainbowEX”; “Rainbow Exchange” and/or “Knight Consortium” “They are not registered in the Registry of Virtual Asset Service Providers -Legal Entities- and have not submitted a request for registration therein, in the terms of the provisions of CNV General Resolution No. 994/24,” states the CNV report sent to the prosecutor’s office, within the framework of one of the measures promoted by the MPF.
Source: Ambito
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