A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), were charged with engaging in a scheme that defrauded more than 3,500 victims of over $11 million. According to the complaint, Karlsson allegedly used websites to communicate false representations to victims since September 2006. Karlsson reportedly used the website to invite potential investors to buy shares of the plan for $98 per…

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