“Valor Security is facing accountability for operating a sham safety training school, imperiling the workers in one of New York’s most dangerous industries. Valor’s President, Alexander Shaporov, also pleaded guilty to recklessly endangering Ivan Frias, who tragically died when he fell from a construction site without proper training,” said District Attorney Bragg. “We will continue to root out fraud with our partners at DOI and DOB. If you are a victim of dangerous work conditions, please call our Worker Protection Unit at (646) 712-0298.”

“As alleged, these defendants conspired to use Coin Dispute Network to defraud dozens of people desperate to retrieve their cryptocurrency, and used lies and deception to steal from nine New Yorkers,” said District Attorney Bragg. “Our Investigation Division and its Cyber Crime Bureau follow the money, whether that means cold hard cash or the rapidly evolving world of cryptocurrency. If you have additional information about this alleged scheme or similar crypto scams, please call us at 212-335-9600.”