The scam that made millions — a look into the fraudulent company Centra Tech
I recently watched the Netflix documentary Bitconned, which explores the rise and fall of Centra Tech through interviews with its co-founder, Ray Trapani.
In this story, I’ll provide an overview of Centra Tech — how it started, how the scam was uncovered, and what happened to the people behind it.
The world of cryptocurrency investing has seen its fair share of scams and frauds over the years, with people simply looking to make a quick buck off of unsuspecting investors.
One of the biggest scams to have emerged in recent times is the now infamous company Centra Tech, which claimed to have revolutionized cryptocurrency payments through debit cards.
The mastermind behind it all
At the center of the Centra Tech scam was Ray Trapani, a young man from Atlantic Beach, NY, who freely admits he was attracted to criminal activities from a young age.
