Foresight News reports that U.S. federal prosecutors have charged 48-year-old Michael Shannon Sims and 57-year-old Juan Carlos Reynoso with conspiracy to commit wire fraud and conspiracy to commit money laundering. Sims and Reynoso established the OmegaPro multi-level marketing scheme in January 2019, instructing investors to use virtual currency to purchase 'investment packages' and promising that elite traders would generate huge profits through forex trading, with the case involving an amount of $650 million.