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$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway

Horst Jicha, a German national, is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Jicha is accused of running a $150 million cryptocurrency fraud scheme, promising massive returns to investors before siphoning off millions in cryptocurrency and disappearing before his trial. Prosecutors have initiated bond forfeiture and are actively investigating to capture him. Jicha allegedly led a multi-level marketing scheme called USI Tech, promising investors high returns, but it was later revealed to be a facade.

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