Utah Firm Accused of International Cryptocurrency Fraud

A cryptocurrency investment firm based in Utah has been accused of international fraud. The company, BG Wealth Sharing, has attracted hundreds of investors with promises of high returns on investments.

The investigation by KSL found that many attendees at a seminar held by BG Wealth Sharing had invested thousands of dollars, only to be told they needed to pay more money out of pocket to access their funds. The company's registered agent and organizer, Richard Chea, could not be reached for comment.