Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin ...

The duo allegedly used lavish Dubai events and luxury displays to lure investors into a bogus forex scheme that collapsed in ...

US prosecutors charge two men for orchestrating a $650 million OmegaPro crypto scam promising 300% returns, facing up to 20 ...

Unsealed in the District of Puerto Rico, the indictment accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan ...

The DOJ charged two men in connection with the $650 million OmegaPro crypto scam, which ran from 2019 to 2023 and promised ...

Michael Shannon Sims and Juan Carlos Reynoso were indicted for their roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million, ...

Federal prosecutors have charged two men in the United States for running a large-scale global investment scam involving cryptocurrency and foreign exchange thr ...

The US Justice Department has Michael Shannon Sims and Juan Carlos Reynoso for allegedly operating and promoting a crypto ...

OmegaPro was established in early 2019, by Sims and others. According to the document, the defendants and others promised investors 300% return over 16 months through foreign exchange trading.

Michael Shannon Sims, a founder and promoter of OmegaPro, and Juan Carlos Reynoso, who led OmegaPro’s operations in Latin America and some parts of the U.S.