Overview

• Chirag Tomar, 31, was sentenced to five years in prison and two years of supervised release for orchestrating a crypto fraud scheme.
• The scheme involved creating fake websites mimicking Coinbase to steal login credentials and two-factor authentication codes from users.
• Tomar used the stolen funds to purchase luxury items, including high-end watches and cars, and to fund extravagant trips.
• The U.S. Secret Service and FBI conducted the investigation, leading to Tomar's arrest at Atlanta airport in December 2023.
• Tomar pleaded guilty to wire fraud conspiracy in May 2024 and remains in federal custody awaiting transfer to a prison facility.