Judge orders arrest of former US senator involved in "Meta 1 Coin" scam

[mlawson71]

An arrest warrant has been issued by a Texas judge for the former Republican   Washington state Se. David Schmidt and his alleged accomplice, Robert Dunlap. They were charged with a $4.3 million ICO scam. The warrant was issued after they did not show up at a hearing with the U.S. Securities and Exchange Commission (SEC). According to SEC, they are still running their “Meta 1 Coin” scam.

According to judge Pitman “If incarcerated, Dunlap and Schmidt will be unable to continue Meta 1’s operations, create marketing videos, or email their putative investors,", which was his reasoning for the arrest warrant.

 

Source

Personally, I think those individuals should not have been allowed to roam freely for so long to continue scamming people. Who knows where they are now.