Thursday, March 21, 2019

Binary Options Fraudster Austin Smith Arrested By The FBI

Washington D.C., United States

News outlets around the world are reporting that international conman Austin Smith the founder of Wealth Recovery International a firm with a questionable background, has been arrested by the FBI in the United States and charged with wire fraud for scamming the same people he claimed to actively help.

Smith has plead guilty to overwhelming evidence due to his conduct that resulted in hundreds of thousands of dollars of stolen funds from US citizens.

Smith is scheduled to be sentenced in September 2019. Wire fraud carries a maximum penalty of 20 years in prison.

Additional reporting on this case can be found here

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