PANews, June 20 – According to court documents from the U.S. Department of Justice (U.S. Attorney’s Office, Eastern District of California), a federal jury has convicted Daniel Chartraw (53) on multiple counts of cryptocurrency and investment fraud, involving losses of nearly $1 million. Between March 2021 and February 2022, Chartraw and his associates controlled several companies, including Crypto‑Pal LLC and TDA Global LLC. Chartraw and his agents claimed that Crypto‑Pal was a web-based cryptocurrency trading firm that guaranteed high returns with no risk. Chartraw also repeatedly claimed that TDA Global was engaged in supplying jet fuel to airlines or operated its own cryptocurrency trading platform. Chartraw used aliases to conceal his prior criminal record and lured victims to invest in the Crypto‑Pal platform with promises of “principal protection and high returns,” then misappropriated all the funds for personal use. Chartraw is scheduled to be sentenced on September 28, 2026, by a senior judge of the U.S. District Court. Each count carries a maximum penalty of 20 years in prison and a $250,000 fine.