Two Generation Zoe accountants have been detained by Argentine authorities.
Maximiliano Mitroff and Julieta Sciutti are mentioned as being a “major element” of Generation Zoe’s money laundering.
Regarding the arrests, an Infobae story from August 19th stated:
Sciutti and Mitroff were finally detained in La Plata this morning after being searched in May. The prosecutor Juliana Companys de Villa Mara has charged them with fraud and illegal association.
The Federal Police’s Antimafia Investigation Department, which answers to the Superintendency of Federal Investigations, carried out the operation.
Along with Sciutti’s and Mitroff’s cell phones, authorities recovered $35,000. Additionally, four unidentified Generation Zoe suspects were detained.
According to Infobae, Sciutti and Mitroff received thousands of dollars to establish the Zoe Latam Ordinary Administration Trust.
Leonard Cositorto, the creator of Generation Zoe, promised investors that the shell business will soon list on a public exchange.
On top of Generation Zoe’s smart-contract Ponzi scheme, this led to a virtual share investment scam.
Sciutti and Mitroff collaborated with Norman Prospero and Héctor Luis Yrimia as part of Generation Zoe’s money-laundering schemes.
The Chief Financial Officer of Generation Zoe, Prospero, was detained back in February.
Just before Generation Zoe disintegrated late last year, Yrimia, its legal advisor, fled to Dubai.
Crimea was given a local visa and allowed to remain in the emirate by Dubai’s unofficial policy of protecting con artists from law enforcement.
Argentina requested the arrest of Yrimia through Interpol, but Dubai has so far declined to carry out a global arrest order.