Burman Jerry Nowlin, a 21-year-old involved in a $400,000 NFT scam, tragically took his own life on December 21, 2024, just weeks before his sentencing. Nowlin had been convicted for his role in the Undead Apes NFT fraud and was facing federal charges of wire fraud and money laundering.
In November 2024, a U.S. court found Nowlin guilty for his part in the scam. Along with 25-year-old Devin Alan Rhoden, Nowlin helped sell two Solana NFT collections before canceling a third.
The fraudulent scheme, which included a fake NFT collection, deceived hundreds of investors who were promised large returns. However, the claims turned out to be false, triggering an investigation that led to convictions. The Department of Justice stated that the scheme succeeded due to misleading claims, including partnerships with well-known businesses and promises of special benefits for buyers.
Nowlin’s unexpected death has added a tragic twist to an already devastating case. His family confirmed it was a suicide and expressed their heartbreak. The sentencing, originally set for January 2025, will proceed for Nowlin’s co-conspirator, Devon Rhoden, who was also found guilty in the scheme.
Nowlin was set to face up to five years in federal prison at his sentencing in January 2025, but tragically died by suicide just weeks before his hearing.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed