
When more than a dozen retirees entrusted Richard Emile Ayoub with millions in life savings to invest on their behalf, the self-declared strategic thinker used the cash to buy Bitcoin.
The American Sydney resident has been sentenced to two years and six months in prison with a non-parole period of 18 months after 21 investors were defrauded of $3.5 million from January to February 2021.