[Few and Far Founder Taj Tarsha Misappropriates Over $10 Million in Funding, Indicted by U.S. Department of Justice]
The U.S. Department of Justice has indicted Few and Far founder Taj Tarsha, accusing him of securities fraud and wire fraud. Taj Tarsha raised over $10 million from at least 67 investors by selling rights to approximately 95 million FAR tokens, and allegedly misappropriated the funds for online gambling, purchasing crypto assets, paying off a Miami apartment loan, and personal DJ activities. Additionally, Taj Tarsha is accused of misusing nearly $1 million in company funds through undisclosed bonuses and excessive compensation, while providing false explanations to investors.
