A movie producer pleads guilty in Atlanta to fraud


A movie producer has plead guilty to fraud and money laundering.Ryan Felton entered the plea on the fourth day of his jury trial in Atlanta this week. Federal prosecutors say he used 21st century technology to commit fraud, lying to investors to steal their money for his own gain.He’s accused of running two cryptocurrency investment schemes. In 2017 he promoted a fake streaming platform and stole around $2.4 million from investors. He raised more than $200,000 in 2018 while promoting a second fake company.

A movie producer has plead guilty to fraud and money laundering.

Ryan Felton entered the plea on the fourth day of his jury trial in Atlanta this week.
Federal prosecutors say he used 21st century technology to commit fraud, lying to investors to steal their money for his own gain.

He’s accused of running two cryptocurrency investment schemes.
In 2017 he promoted a fake streaming platform and stole around $2.4 million from investors.

He raised more than $200,000 in 2018 while promoting a second fake company.



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