The operator and employee of a Bellflower financial services company are accused of allegedly stealing more than $1 million from low-income, primarily Spanish-speaking victims through a fraudulent cryptocurrency investment scheme, officials announced Friday.
Yone Rios, 53, of Rancho Cucamonga and Erwing Cuevas, 35, of Norwalk are each charged with 30 felony counts of grand theft. Rios is additionally charged with one felony count of forgery relating to an item exceeding $950 in value and one felony count of passing a non-sufficient funds check exceeding $950, according to the Los Angeles County District Attorney’s Office.
Between September 2020 and December 2022, Rios and Cuevas allegedly operated the scheme under the guise of a cryptocurrency mining business known as Zukre Platform Corporation. Although Zukre claimed to install, maintain and operate computing equipment to mine cryptocurrency, the company conducted no such…
