Argentina’s authorities have detained two Generation Zoe accountants.
Julieta Sciutti and Maximiliano Mitroff have been named as “important players” in Generation Zoe’s money laundering.
According to an Infobae article on the arrests published on August 19th,
Sciutti and Mitroff were arrested in La Plata at dawn today, after being raided last May and accused of fraud and illegal association by prosecutor Juliana Companys de Villa Mara.
The operation was conducted out by the Federal Police’s Antimafia Investigation Department, which reports to the Superintendency of Federal Investigations.
Authorities recovered $35,000 in cash as well as Sciutti’s and Mitroff’s cell phones. Four other unidentified Generation Zoe suspects were also apprehended.
According to Infobae, Sciutti and Mitroff were paid hundreds of thousands of dollars to establish the Zoe Latam Ordinary Administration Trust.
Leonard Cositorto, the creator of Generation Zoe, informed investors that the shell firm will eventually go public.
On top of Generation Zoe’s smart-contract Ponzi scheme, this triggered a virtual share investment fraud.
Sciutti and Mitroff collaborated with Norman Prospero and Héctor Luis Yrimia as part of Generation Zoe’s money laundering operations.
Generation Zoe’s Chief Financial Officer, Prospero, was detained in February.
Yrimia, Generation Zoe’s Legal Advisor, went to Dubai just before the company’s demise late last year.
Yrimia was granted a local visa and allowed to stay in the emirate, in accordance with Dubai’s unofficial policy of shielding scammers from law enforcement.
Argentina sought Yrimia’s capture through Interpol, but Dubai has so far refused to act on an international arrest warrant.