Canadian "Crypto King" charged with fraud and money laundering in $40 million investment scheme

Two Canadian men, including self-proclaimed "Crypto King" Aiden Pleterski, have been charged with fraud for allegedly scamming investors out of $40 million CAD in a crypto and foreign exchange investment scheme. Pleterski is also facing charges of money laundering. The charges come after a 16-month investigation called Project Swan. Pleterski allegedly spent at least $16 million on himself, including buying luxury cars and renting an $8.4 million lakefront mansion for $45,000 per month. He was also allegedly kidnapped, beaten, and tortured by five victims of his alleged Ponzi scheme.