Self-styled ‘Middle Eastern prince’ brothers accused of $21 million U.S. fraud

The Chinese-language post says the pair used fake royal identities, rented private jets and Rolls-Royces, and pitched a fabricated crypto mining project over three years.

Summary

A Chinese-language social media post alleges that two brothers posing as “Middle Eastern princes” defrauded wealthy women in the United States over three years by claiming royal status and promoting a fictitious crypto mining project. The post says the scheme involved $21 million and describes displays of wealth including rented private jets and Rolls-Royces. The material provided is too limited to verify the identities of the people involved, the legal status of the allegations, or the underlying case details.

Terms & Concepts
  • crypto mining project: A business tied to validating blockchain transactions for rewards.