The complaint adds allegations of fraud, pyramid scheme, and market manipulation. NGO Bitcoin Argentina questioned the alleged gold mines acquired by ZOE.
The NGO Bitcoin Argentina criminally denounced those responsible for the Generación ZOE holding, including its CEO, Leonardo Cositorto. The complaint, carried out before the Attorney General’s Office, is for “the possible commission of the crimes of fraud, unauthorized public savings capture, and market manipulation.”
The NGO communicated that, from its Legal area, they followed the actions and public interventions of many different companies connected to the ZOE group for a long time.
The ZOE holding company offers educational memberships for courses on coaching, trading, and other topics, which generate profitability reaching 7.5% per month in dollars to those who acquire them.
In addition, they promote the Zoe cash token that, according to the words of Leonardo Cositorto, would have parity in its price with that of a gram of gold by January 1. This parity would get achieved through gold mines, supposedly acquired by Generación ZOE.
Regarding the latter, the text of the complaint indicates that they have contacted the Jujuy Secretary of Mining, who has let them know that neither Cositorto nor any company of the ZOE Group has approached said authority to request the concession of no gold mine.
The complaint adds something that was also recently explained by this means, and that is that, according to the Argentine Mining Code, gold mines belong to the State and also to private companies, so they can exploit them as long as they have a concession under the corresponding regulations.
The complaint establishes “the possible commission of the crimes established in articles 172, 309 and 310 of the National Penal Code.” In addition, it imputes under the complexity of the facts to anyone who is criminally responsible for the crimes against property and the economic order indicated.
This type of scam cause a lot of damage
The NGO bases the complaint on promoting the healthy development of an industry that has enough potential to boost the country and the Argentines, such as cryptocurrencies.
Bitcoin Argentina adds: «this type of scams, which we have been detecting in the last time, cause damage not only to those who deposit their savings and trust but also to the ecosystem in general, which due to its characteristics allows the absolute traceability of the information, as well as the security and privacy of its users.
Two months ago, this organization had warned about the growth of different pyramid scams in Argentina. These scammers do it with new names, made up with massive and glamorous launch events promoted by famous personalities, athletes, and influencers.
Regarding the current complaint, they indicated that they hope this complaint they make from the NGO contributes elements to help the judicial field move forward and take action on the matter immediately. They want to bring the mechanisms to prevent more people from being victims of frauds and scams like these.
By Jenson Rivas
