According to income and tax records, Richard Schueler’s income dropped to zero last year. Schueler was known to live in Helsinki before, but now there is no information about his whereabouts. The Helsinki District Court imprisoned the man in absentia in September on suspicion of aggravated tax fraud and assault.
Richard Schueler also goes by the name Richard Heart. Screenshot from his Youtube channel. AOP
American Richard Schueller not found in this year’s tax machine. Schueler, also known as Richard Heartsurprised last year by rising to number 24 on the income list. The American earned a total of 15,247,314 euros in 2022, which was all capital income. According to income and tax data published on Thursday, in 2023 the income of an American man will drop to zero. It is known that Schueler used to live in Helsinki, but now there is no information about his whereabouts.
In September, the Helsinki District Court imprisoned the man in absentia on suspicion of aggravated tax fraud and assault. According to Yle, the police suspect that the man has not paid several hundreds of millions of euros in taxes to Finland. In 2022, an American who earned more than 15 million earned more than five million euros in income tax, but according to Yle, the tax fraud suspicion is not about Schueler’s capital, but earned income. The suspected gross tax fraud took place in Helsinki between June 2, 2020 and April 2, 2024.
Cryptocurrency millionaire
Schueler is known as a crypto millionaire and the founder of Hex cryptocurrency and Pulsechain. Last summer, the Reuters news agency reported that the US Securities and Exchange Commission (SEC) has accused Schueler of illegally raising more than $1 billion in three unregistered cryptocurrency offerings. In addition, he allegedly defrauded investors of $12.1 million to buy valuables. Among the valuables was a black diamond called Enigma, which, according to the BBC, was sold to Schueler for 3.6 million euros. Schueler named the diamond the Hex.com Diamond.
In the past, Schueler actively promoted cryptocurrencies with his YouTube videos, but the pace of publishing videos has since slowed down. The previous video was published nine months ago. In Viestipalvelu X, he has recently been actively urging his followers to vote Donald Trump – and promoted cryptocurrencies. Among other things, he has mentioned that Hex is a path to “great wealth”.
The value of Schueler’s Hex cryptocurrency has risen over 11 percent in the previous day, which may be explained by Trump’s victory. Trump’s victory had an effect on the value increases of Bitcoin, Ethereum and Solana, among others. As of 11am on Thursday, Hex was trading at $0.002172.
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