Profile details (timeline + sources). If something is wrong, use Contact / Corrections.
David Saffron
Charged
Identified by DOJ as a co-defendant in a case alleging a $13M cryptocurrency investment fraud/ponzi scheme involving Mind Capital and Cloud9Capital (per DOJ press release).
Status
Charged
Jurisdiction
US
Tags
ponzi, crypto-investment, alleged, legal-case
Last updated
2026-02-03
Details
- DOJ press release refers to Saffron as a co-defendant in the case; treat underlying conduct as alleged unless adjudicated.
- Allegations center on promises of high-yield profits from cryptocurrency trading via purported automated trading systems.
- Profile should be updated with the specific charging instrument/case disposition when a dedicated DOJ release or docket details are added.
- Status set to charged based on DOJ characterization as a co-defendant.
- Images intentionally omitted unless a clearly licensed (CC/PD) image is verified.
Timeline
2025-07-28
DOJ press release on Vincent Mazzotta Jr.'s guilty plea describes David Saffron as a co-defendant in the alleged $13M crypto investment fraud scheme.
• Arizona Man Pleads Guilty to Money Laundering Charges Related to a $13M Ponzi Scheme (U.S. Department of Justice (Office of Public Affairs) press-release)