Rathnakishore Giri
Summary
Rathnakishore Giri, also known as 'Ravi' Giri, is a 31-year-old Ohio investment manager convicted of wire fraud for orchestrating a Bitcoin-derivatives Ponzi scheme that raised over $10 million from at least 150 investors between 2019 and 2022. Operating through two entities — NBD Eidetic Capital, LLC and SR Private Equity, LLC — he falsely promised guaranteed, risk-free returns while using new investor funds to repay earlier ones and diverting proceeds to fund a lavish personal lifestyle. On May 18, 2026, he was sentenced to nine years in federal prison after an aggravating factor emerged: following his October 2024 guilty plea, and while on pretrial release, he continued soliciting new cryptocurrency investors, causing additional harm and prompting an amended plea agreement.
Connected Entities
1 entities · 10 linked investigationsTimeline(6 events)
2019-03-01
Giri begins fraudulently soliciting investors through NBD Eidetic Capital, LLC and SR Private Equity, LLC, promising guaranteed Bitcoin derivatives returns.
CFTC Press Release 8572-222022-08-12
CFTC files civil enforcement action in the Southern District of Ohio against Giri, NBD Eidetic Capital, SR Private Equity, and Giri's parents as relief defendants, alleging over $12 million fraudulently solicited from 150+ customers.
CFTC Press Release 8572-222022-11-18
Federal grand jury indicts Giri on five counts of wire fraud (case 2:22-CR-223, Southern District of Ohio, Eastern Division).
DOJ Criminal VNS: United States v. Rathnakishore Giri2024-10-04
Giri pleads guilty to one count of wire fraud before Chief Judge Algenon L. Marbley; released on pretrial supervision pending sentencing.
DOJ Criminal VNS: United States v. Rathnakishore Giri2025-11-03
Giri is arrested and detained pending sentencing after prosecutors discover he continued soliciting new cryptocurrency investors while on pretrial release following his guilty plea.
DOJ Criminal VNS: United States v. Rathnakishore Giri2026-05-18
Chief Judge Marbley sentences Giri to nine years in federal prison and three years of supervised release for one count of wire fraud. An amended plea agreement had been entered acknowledging the post-guilty-plea solicitations as additional criminal conduct.
DOJ OPA Press ReleaseDecision Log
- hash: GY9vP2eJkYQ8SF2xwPnr6aP1uF4JgqSvi7Z8vsm4RVrz
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/4/2026, 5:22:30 PM
last updated: 6/4/2026, 5:22:38 PM
avoid.net — verified advice for a post-truth world