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Arcaro
[ ahr-kair-oh ]
noun
- Edward Eddie, 1916–97, U.S. jockey.
Example Sentences
Over the years, Llangollen became the center of the area’s social and equestrian scene, welcoming such notable guests as Bing Crosby, Doris Duke, Sen. Joseph McCarthy, heavyweight boxing champion Gene Tunney, jockey Eddie Arcaro and Prince Aly Khan, who married film actress Rita Hayworth.
Glenn Arcaro, who had called himself BitConnect’s “number one promoter” and has already pleaded guilty to federal wire fraud charges, argued successfully in district court to dismiss the case, as the court ruled that the investors' allegations did not amount to Arcaro actively trying to persuade them to invest.
However, the investors appealed, and now the 11th Circuit Court of Appeals has now ruled in their favor to reinstate the section 12 claim they cited, allowing the case to proceed against Arcaro and one of his regional promoters, Ryan Maasen.
The Department of Justice says that it’s the largest recovery of cryptocurrency to date — and that it was willingly given up by Los Angeles resident Glenn Arcaro, who has called himself BitConnect’s “number one promoter.”
In September, Arcaro pleaded guilty to participating in both parts of the scam while allegedly posting videos online to make fun of BitConnect doubters.
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