Crypto Scam

Linked to international crypto pyramid schemes operated through Canadian shell companies (DFRF Enterprises).

Self-proclaimed 'Crypto King' of Ontario; bankruptcy proceedings allege he mismanaged or lost more than CA$40 million in investor funds. Charged in 2024 by Ontario police with fraud and money laundering.

Handled crypto wallets used to cash out proceeds from international phishing rings.

Convicted in connection with fraudulent decentralized-finance (DeFi) platforms targeting investors.

Co-founder of the collapsed QuadrigaCX crypto exchange; previously convicted in the US under his birth name Omar Dhanani for identity-theft offences (ShadowCrew).

Founder of PlexCoin; shut down by the US SEC and Quebec AMF as a fraudulent initial coin offering (ICO).

Lacroix's partner in PlexCorps; held in contempt by Quebec courts over asset concealment related to the PlexCoin ICO fraud.

Arrested for major cryptocurrency and forex trading scams.