Self-Proclaimed Crypto King Arrested

Two males are facing charges after a 16-month investigation into the self-proclaimed “Crypto King.”

 In July 2022, the Durham Regional Police Service (DRPS) began receiving numerous complaints about an investment fraud involving a male from the Whitby area. 

During this investigation, police also became aware of another individual associated to this male who also claimed to be generating large weekly profits through savvy investments. Victims provided money to him under similar circumstances, with the expectation that he was investing it on their behalf and would be returning them large profits. These victims were ultimately defrauded as well, and unable to recover their funds.

Further information will be released tomorrow afternoon at a press conference being held at 480 Taunton Road East in Whitby at noon.

Aiden PLETERSKI, age 25 of Whitby has been charged with Fraud Over $5000 and Launder Proceeds of Crime.

He was held for a bail hearing.

Colin MURPHY, age 27 of Oshawa has been charged with Fraud Over.

He was released on an Undertaking.

Anyone with new information is asked to contact Det. Jaciuk of the Financial Crimes Unit at 1-888-579-1520 ext. 5353 or the Ontario Security Commissions at 1-877-785-1555.

Anonymous information can be sent to Durham Regional Crime Stoppers at 1-800-222-TIPS (8477) or online at www.durhamregionalcrimestoppers.ca and tipsters may be eligible for a $2,000 cash reward.

The information in this media release contains facts and circumstances that have been obtained from a police investigation.  These allegations have yet to be proven in court.