A Tennessee husband and wife, Michael and Amanda Griffis, are now facing charges over their alleged fraudulent investment scheme called “Blessings of God Thru Crypto.” The Commodity Futures Trading Commission (CFTC) lodged a complaint on July 24, revealing how the couple reportedly swindled at least $6 million from over 100 victims in just six months.
According to the CFTC, Michael and Amanda Griffis tapped into their real estate business connections to lure unsuspecting individuals into a multi-million dollar investment pool between July 2022 and January 2023. Among their victims were mortgage brokers and former customers of their real estate business.
The CFTC charged husband and wife realtors of Tennessee for operating a $6M digital assets commodity pool scheme. Learn more: https://t.co/pPq9hV8qeU
— CFTC (@CFTC) July 25, 2023
The accused couple used their network and the promise of divine blessings through cryptocurrency to gain the trust of their targets. Once they had convinced their victims to part with their savings, the alleged scam unfolded, leaving devastation in its wake.
As authorities investigate the scope and impact of the “Blessings of God Thru Crypto” scam, victims are left grappling with financial losses and shattered trust. The case serves as a stark reminder to remain vigilant and exercise caution while investing, especially in unregulated ventures that make grand promises.
