Federal Court Jails Saipan Woman for Crypto Fraud Targeting Guam and Saipan Residents
Crypto fraud tied to personal relationships continues to surge, driving billions in losses across the U.S. each year.
A U.S. federal court has sentenced a Saipan-based woman to nearly six years in prison for orchestrating a bitcoin-related fraud scheme. Authorities say the operation targeted vulnerable individuals across multiple regions and caused significant financial harm. The case adds to a growing pattern of crypto-linked scams involving trust-based manipulation.
“Yuki” Jailed for Multi-Jurisdiction Crypto Fraud Scheme
Federal prosecutors secured a 71-month prison term for Sze Man Yu Inos, also known as “Yuki,” after a federal court ruling on April 23, 2026. Chief Judge Ramona V. Manglona delivered the sentence in the Northern Mariana Islands, where Inos was found guilty of wire fraud.
Alongside the prison term, the court imposed three years of supervised release and required her to complete 100 hours of community service. Court filings describe a scheme built on calculated social manipulation rather than direct financial solicitation at the outset.
Over time, Inos embedded herself in the lives of older women across Saipan and Guam, presenting an image of wealth, stability, and success tied to bitcoin investing. Personal conversations were used to establish emotional dependence, with victims encouraged to view her as a trusted figure within their inner circle.
Victims were misled into believing they would receive returns. Instead, funds were diverted for her personal use. The scheme later expanded beyond the Marianas, reaching victims in Washington and California.
Crypto Crime Surge Continues as DOJ Reports $11.3B in Annual Losses
The financial penalties imposed in the case highlight the scale of the damage. The court directed Sze Man Yu Inos to repay $769,355.67 to the victims. Alongside, she was issued a forfeiture order of $684,848.34 and a $200 assessment. Officials noted that Inos continued fraudulent activities even while the case was pending.
Speaking on the outcome, Shawn N. Anderson said the case illustrates how personal connections can be weaponized for financial gain. He noted that schemes built on trust often leave victims exposed, with losses mounting before suspicions arise.
From an investigative standpoint, the Federal Bureau of Investigation described the operation as structured and intentional. Special Agent in Charge David Porter stated that the actions went beyond simple fraud. He cited the use of falsified documents, including a forged judicial signature, to give the scheme an appearance of legitimacy.
The U.S. Department of Justice reported that crimes linked to cryptocurrency continue to climb across the United States. Recent figures place total losses at $11.3 billion over the past year, representing more than half of all internet-related crime losses recorded during that period.
Authorities urged the public to remain cautious when approached with investment offers, especially those involving cryptocurrency and personal relationships.
The post Federal Court Jails Saipan Woman for Crypto Fraud Targeting Guam and Saipan Residents appeared first on Live Bitcoin News.
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