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Jay Mazini Sentenced to Seven Years for Crypto Fraud Targeting Muslims

The former Instagram influencer exploited community trust during the pandemic to fund a lavish lifestyle.

  • Jebara Igbara, known as 'Jay Mazini', has been sentenced to seven years in prison for a cryptocurrency scheme that defrauded millions from Muslims.
  • Igbara admitted to creating a Ponzi scheme, deceiving investors with promises of high returns on investments in stocks and electronics.
  • The fraudulent activities funded Igbara's extravagant expenditures, including luxury cars and gambling.
  • Igbara's sentence will run concurrently with a five-year term for kidnapping, with restitution of $10 million ordered to the victims.
  • The case highlighted the misuse of social media influence to commit financial crimes, gaining trust through charitable acts and a large online following.
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