×
Tuesday, April 28, 2026

Saipan Woman Gets 71 Months for $769K Bitcoin Wire Fraud Scheme - Cryptonews.net

Back to the list

Key Takeaways:

  • Inos received prison time after prosecutors described false bitcoin investment claims.
  • Saipan victims faced wider financial harm as the scheme expanded geographically.
  • Federal prosecutors framed the case as a warning about affinity fraud.

Bitcoin Fraud Sentence Shows Elder Victim Losses

A fraud scheme built on false bitcoin investment claims and personal trust ended April 23, 2026, with a 71-month federal prison sentence for Sze Man Yu Inos, also known as Yuki. Prosecutors said Inos targeted older women, gained their confidence, and used false claims about wealth, business success, and investing to obtain money.

Inos, 30, was sentenced by Chief Judge Ramona V. Manglona in the U.S. District Court for the Northern Mariana Islands, a U.S. territory, after a wire fraud conviction. The court also ordered three years of supervised release, 100 hours of community service, $769,355.67 in restitution, and a mandatory $200 special assessment. A separate criminal forfeiture money judgment was entered for $684,848.34. Prosecutors said Inos approached older women in Saipan and Guam from November 2020 through January 2022. She claimed she came from a wealthy family in China, owned multiple businesses, and had made money through bitcoin investing.

U.S. Attorney Shawn N. Anderson warned:

“Criminals engaged in affinity fraud prey on our willingness to trust others.”

Prosecutors said she used expensive meals, gifts, and personal stories to build trust...



Read Full Story: https://news.google.com/rss/articles/CBMiVkFVX3lxTE9mQ3JuWVBraFVWdVkwNzZTTlMt...