A German national, Horst Jicha, has become a fugitive after failing to appear in court for a trial on charges of securities fraud, wire fraud, and money laundering over his alleged involvement in the USI Tech cryptocurrency scheme. Jicha is suspected of tampering with his ankle bracelet monitor after Pretrial Services noticed it had stopped working. Following his failure to appear in court, there is a “very active investigation underway to capture him,” John Marzulli, a spokesman for the Brooklyn U.S. attorney’s office, said. Jicha was on a $5 million bond guaranteed by his domestic partner, his children, and three others, which will be forfeited following his flight.
Source: <i>CNBC</i>
