A closer look at “NovaTech Crypto Scam: New York Seeks $1.3 Billion from Founders Who Used Prayer Groups to ”, exactly as the source publishes it. New York Attorney General Letitia James has asked a court to order NovaTech founders Cynthia and Eddy Petion to pay approximately $1.37 billion for allegedly running a cryptocurrency pyramid scheme that targeted Haitian-American church communities. The Petions, who fled the country, are accused of using prayer groups and WhatsApp chats to recruit investors, promising financial freedom while diverting funds for personal gain.
The scheme, which operated from 2019 to 2023, raised over $1 billion from more than 200,000 investors worldwide, many of whom lost their life savings. In a related action, the AG settled with four top promoters for nearly $6 million, including Martin Zizi, Dapilinu Dunbar, James Corbett, and Corrie Sampson, who are banned from promoting securities. This listing links straight to the original page, where the content is available in full.