A man from South Lake Tahoe named Daniel Chartraw is facing a 12-count federal indictment for wire fraud related to a cryptocurrency trading scheme. He allegedly deceived investors through his companies, Crypto-Pal LLC and TDA Global, by falsely promoting a proprietary algorithm for high returns. Instead of investing the funds, he allegedly used the money for personal expenses and travel. The indictment came as a result of an FBI investigation, and if found guilty, Chartraw could face up to 20 years in prison and a $250,000 fine.



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