New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
Yada, yada, yada, this cryptocurrency crook isn't laughing now. A New York man swindled more than $1.3 million from friends, neighbors and investors by among other things getting them to invest in bogus real estate projects involving a company named after a joke in the classic TV comedy "Seinfeld," and a fictitious cryptocurrency, federal prosecutors said Friday. Thomas John Sfraga, 55, from 2019 through 2022 "held himself out as the owner and principal of multiple businesses, including Vandelay Contracting Corp. and Build Strong Homes LLC," the Brooklyn U.S. Attorney's Office said in a statement. Read more CNBC politics coverage DOJ charges brothers with $25 million Ethereum heist that took 12 seconds Biden and Trump agree to debate June 27 and Sept. 10 Top Democrat presses oil CEOs for details of Trump Mar-a-Lago fundraising dinner TikTok