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Judi Lynn

(160,450 posts)
Sat Dec 10, 2016, 04:59 AM Dec 2016

Miami tech guru charged with fraud arrested in Malta, facing extradition

Miami tech guru charged with fraud arrested in Malta, facing extradition

Saturday, 10 December 2016, 09:33
Last update: about 2 minutes ago

The strange saga of Alberto Chang-Rajii — the tech guru who wowed Miami with an elaborate backstory that turned out to be totally made up — took an even stranger turn earlier this year when he fled to Malta as his business imploded and criminal charges were filed in his native Chile, US media reported.

Last week, the Securities and Exchange Commission added fraud charges in Miami's federal courthouse to Chang-Rajii's growing list of woes.

Now, Chang-Rajii could be forced out of his Mediterranean hiding spot. The investor was arrested in the Sliema. Chang-Rajii didn't make it easy on the Maltese cops, the Miami New Times reported.

Prosecutors on the island issued a warrant for the Chilean on Tuesday after getting a formal criminal complaint from Chile, where Chang-Rajii is accused of bilking some $100 million from investors in his Grupo Arcano business.

More:
http://www.independent.com.mt/articles/2016-12-10/local-news/Miami-tech-guru-charged-with-fraud-arrested-in-Malta-facing-extradition-6736167719

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