Crime
Judge Orders Haverhill Man to Serve Year in Prison, Repay $350K in Crypto Scheme
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A 29-year-old Haverhill man received a prison sentence Tuesday in U.S. District Court in Boston for fraudulently obtaining $350,000 in investor funds. Luciano Schipelliti was sentenced by U.S. Senior District Court Judge F. Dennis Saylor IV to one year and one day in prison, to be followed by two years of supervised release with six months of home confinement. He was also ordered to pay $350,000 restitution. As WHAV reported in March, Schipelliti agreed to plead guilty to wire fraud and did so the following month. According to U.S. Attorney Leah B. Foley’s office, Schipelliti established, what he called, the Superstars Fund during the fall of 2018 and raised roughly $275,000 to invest in cryptocurrency.







