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  1. Jan 3, 2024 · Ray Trapani, Sohrab “Sam” Sharma, and Robert Farkas would form Centra Tech, but pay the price for their mishandling of the funds they received. The incredible documentary reveals how the company would manage to convince people to invest in their idea, and how it would all eventually come crashing down.

  2. Jan 1, 2024 · Trapani, along with co-founders Sohrab “Sam” Sharma and Robert Farkas, pleaded guilty, but his outcome was very different from the other men, who both went to prison.

  3. Jan 3, 2024 · Where is Ray Trapani now? The closing scenes of Bitconned tell how Trapani avoided jail time for the scheme after he was arrested in 2018. Facing down the barrel of 100+ years behind bars,...

  4. Jan 1, 2024 · Coming to Robert’s current standing, as he was likely released from behind bars in late 2021 (he was sentenced on December 15, 2020, two years and seven months after getting bail), it appears as if he remains on supervision in his home state of Florida to this day.

  5. Jan 1, 2024 · As for Ray’s current standing, from what we can tell, he splits his time between his home state of New York and Florida with his growing family — the latter is where he reportedly bought a house two months after his sentencing.

  6. Jan 2, 2024 · In fact, Michael Edwards was alive and well and living in Manitoba. His photo was just something that was found on a Google search for “Old White Guy.” Farkas served one year in prison, and Sharma is currently serving an eight-year sentence.

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  8. Dec 31, 2023 · In December 2020, Robert Joseph Farkas was sentenced to one year and one day in prison for his part in the cryptocurrency scam. He was also sentenced to three years of supervised release, fined nearly $350,000, and ordered to return a Rolex watch he purchased with the money earned from the scam.

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