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Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...

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Ontario’s ‘Crypto King’ Arrested and Charged with Fraud

 

Aiden Pleterski, the self-proclaimed “Crypto King” of Ontario, has found himself in legal trouble. Along with one of his associates, Colin Murphy, Pleterski has been arrested and charged with fraud. The charges stem from an alleged investment scheme that scammed investors out of an estimated $40 million.

The Investigation

Durham Regional Police launched a 16-month investigation, code-named Project Swan, into Pleterski’s activities. The investigation was triggered by numerous complaints from investors who claimed they had fallen victim to his fraudulent scheme. Pleterski had promised to invest their money in cryptocurrency and foreign exchange but allegedly misappropriated the funds for personal gain instead.

The Allegations

Pleterski’s investors have been on a quest to recover their lost millions. Despite being forced into bankruptcy, Pleterski continued to live a lavish lifestyle, jet-setting to various destinations around the world. His spending included renting private jets, going on vacations, and adding luxury cars to his collection. The bankruptcy proceedings have managed to recover only about $3 million for approximately 160 investors.

Colin Murphy’s Role

Colin Murphy, Pleterski’s associate, also faces charges related to the same fraudulent scheme. Murphy was sentenced for contempt of court in a lawsuit filed by an investor who sought to recover $120,000 that had been given to him for investment with Pleterski.

The Fallout

The case of Ontario’s “Crypto King” serves as a cautionary tale for investors. It highlights the importance of due diligence and skepticism when dealing with high-risk investments. As authorities continue their legal proceedings, Pleterski and Murphy will face the consequences of their alleged actions. Meanwhile, investors hope to reclaim what remains of their lost fortunes.

Remember, in the world of cryptocurrencies and investments, not all that glitters is gold. Always verify claims, seek professional advice, and be wary of promises that sound too good to be true. The downfall of the “Crypto King” reminds us that even in the digital age, old adages still hold: "Buyer beware."


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