A self-styled 23-year-old 'Crypto King' is facing a raft of demands among 140 of his investors as they try to claw back a collective total of $35 million from his company AP Private Equity Limited.
According to a Sept. 20 CBC report, creditors are hard at work trying to unravel where all the money they allegedly gave Canadian Aiden Pleterski to make crypto and foreign exchange investments on their behalf ended up.
A bankruptcy trustee's report, creditors meeting minutes, court filings, and complaints made to Investigation Counsel PC reveal Pleterski owned 11 vehicles, leased four other luxury cars, regularly flew on private jets, and was living in a lakefront mansion costing $45,000 a month to rent.
So far roughly $2 million worth of assets have been seized, among them two McLarens, two BMWs and a Lamborghini.
Norman Groot, the founder of Investigation Counsel PC, a fraud recovery law firm claimed the "large lifestyle burn rate" still doesn't "account for the amount of money that's...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...