Saipan Woman Jailed 71 Months for $769K Bitcoin Fraud Targeting Elderly Victims

U.S. federal courts wrapped a crackdown week on April 28, sentencing Saipan resident Sze Man Yu Inos to 71 months in prison for a $769,355 Bitcoin wire fraud scheme targeting elderly women in Saipan, Guam, Washington, and California from Nov 2020-Jan 2022, with $769,355 restitution and $684,848 forfeiture ordered. This followed 22-year-old Evan Tangeman's 70-month term plus three years' supervised release for laundering $3.5M from a $263M theft of over 4,100 BTC in a RICO case spanning Oct 2023-May 2025. Amid FBI-reported $11.4B in 2025 crypto fraud losses (up 22%, with $4.43B from seniors), these back-to-back rulings highlight rising enforcement, modestly pressuring Bitcoin sentiment without direct price moves.