Retired corrections officer admits $600K crypto scam The man targeted first responders, officials said.

John DeSalvo, 47, of Linwood, pleaded guilty in federal court in Newark to two counts of securities fraud, according to a statement from the U.S. Attorney’ s Office District of New Jersey. He told potential investors they were guaranteed rates of return of more than 20% with zero risk and tricked them with a series of misrepresentations, including that the coin was…