On Monday, the U.S. Attorney’s Office for the Northern District of Georgia announced that Fijian authorities had deported Zimbardi on Friday in coordination with the FBI and the State Department. He was scheduled to appear before a federal magistrate judge in Los Angeles, and prosecutors are seeking to have him remanded in custody pending his trial in Georgia.
Prosecutors allege that from June 2022 to August 2023, Zimbardi promoted a scheme called “The Crypto Program” as an investment offering based on advertising packages, promising a guaranteed return of 25% per month. According to the indictment, thousands of investors transferred more than $165 million in cryptocurrency to wallets that he secretly controlled.
Instead of purchasing advertising packages, Zimbardi allegedly invested more than $34 million in risky foreign exchange transactions, used funds from subsequent investors to pay off earlier ones, and spent at least $10 million on personal expenses, including a house, luxury cars, and alimony.
On July 8, Zimbardi was charged with 12 counts of wire fraud, 12 counts of money laundering, and one count of conspiracy to launder money. Prosecutors allege that he fled to Fiji upon learning of the FBI investigation and remained there for over a year.
Citizens of Moldova, be vigilant!
Cases of large-scale fraud involving cryptocurrencies and Ponzi schemes are regularly reported in Moldova. The most high-profile example was the collapse of the TUX (Tux Digital Frontier Technologies) platform in October 2025 in Chisinau, when hundreds of investors lost their money and riots broke out at the company’s offices.
Law enforcement agencies are conducting special operations, arresting the organizers of such schemes, and urging citizens to remain vigilant through the National Commission for the Financial Market (NCFM).
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