{"id":238180,"date":"2021-04-28T15:57:07","date_gmt":"2021-04-28T19:57:07","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=238180"},"modified":"2021-04-28T16:04:11","modified_gmt":"2021-04-28T20:04:11","slug":"director-in-cuba-of-trust-investing-cryptocurrency-platform-arrested-for-alleged-illicit-economic-activity","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/economy\/director-in-cuba-of-trust-investing-cryptocurrency-platform-arrested-for-alleged-illicit-economic-activity\/","title":{"rendered":"Director in Cuba of Trust Investing cryptocurrency platform arrested for alleged illicit economic activity"},"content":{"rendered":"

Ruslan Concepci\u00f3n, director in Cuba of Trust Investing, a controversial <\/span>cryptocurrency<\/span><\/a> platform which some experts have pointed out is a platform with a pyramid scheme, was detained at the airport for alleged \u201cillicit economic activity,\u201d his family announced this Tuesday.<\/span><\/p>\n

This 28-year-old industrial engineer, who claimed to earn more than a thousand dollars a day with his investments in the platform, according to the news agency EFE, has been in prison since last April 22, according to two of his brothers\u2019 publications on social networks.<\/span><\/p>\n

According to their version, Concepci\u00f3n was arrested at the airport when he was preparing to travel to Russia to spend a few days with his family. The border agents asked Concepci\u00f3n where the money he was carrying came from, and that, according to his testimony, he did not exceed the $5,000 undeclared limit established to leave the country.<\/span><\/p>\n

When explaining that it came from Trust Investing, the agents considered that it was an illicit source of income, detained him and \u201che\u2019s been missing for three days, because no one even says where they have him,\u201d said his brother Wilhems Concepci\u00f3n, who added that \u201cThe little that has been found out is that they have him in Villa Marista,\u201d a high security prison in Havana.<\/span><\/p>\n

Another of his brothers, Yelko William Concepci\u00f3n, who resides in the United States and who claims to have been a criminal lawyer before leaving Cuba, said in a publication reproduced in several personal and group profiles related to Trust Investing, that Ruslan faces an accusation for illicit economic activity, and that if he were sanctioned for this crime, he would face a prison sentence of 3 months to 1 year or a fine of 100 to 300 installments, in addition to the accessory sanction of confiscation of assets.<\/span><\/p>\n

Yelko affirmed that what he wrote on the situation of his brother \u201chas nothing to do with politics,\u201d and warned that other people linked to this cryptocurrency platform or other similar businesses could suffer the same fate on the island.<\/span><\/p>\n