Million-Dollar Lawsuit Filed in California Court Over Crypto, Loan Fraud Allegations
On Wednesday, December 24, 2025, Maryl Petreccia, individually and as trustee for multiple trusts, filed a lawsuit in the Superior Court of the State of California for the County of Los Angeles against William Abraczinskas, also known as Bill Haskins, Austin Yavorsky, and several corporate entities, alleging a multi-layered investment scheme that resulted in significant financial losses.
The lawsuit includes eleven causes of action, including breach of written contract, fraudulent inducement, aiding and abetting fraud, restitution/unjust enrichment, conversion, intentional misrepresentation, negligent misrepresentation, breach of oral contract, and unjust enrichment related to crypto investments.
Petreccia claims Abraczinskas and Yavorsky fraudulently induced her to invest substantial sums based on false representations and concealed material facts. Petreccia is the Trustee for the Maryl Gladstone Petreccia Living Trust and the Petreccia Descendants Trust, GS Roots LLC, Oro One Holdings LLC, and Oro One Digi Assets, LLC. The defendant corporate entities are Nexus Emergency Response, LLC, Hollywood Secrets, LLC, and Developed Healthcare & Life Sciences LLC.
According to the complaint, Abraczinskas cultivated a professional relationship with Petreccia in early 2023, presenting himself as an experienced businessman with access to exclusive investment opportunities. Based on these representations, Petreccia, through her companies GS Roots LLC and Oro One Holdings LLC, made loans totaling $2.4 million to Abraczinskas’s ventures, including a wellness clinic in Medellin, Colombia, and a peptide nutritional supplement business.
The lawsuit alleges that Abraczinskas misappropriated the invested funds, using them for unauthorized transfers to third-party accounts and shell entities. When Petreccia sought to recover the funds, Abraczinskas and Yavorsky allegedly perpetrated a “lulling” fraud, inducing her to enter into a sham settlement agreement backed by a fictitious stock sale. The purpose of this agreement was to delay legal action and further dissipate assets, with no intention of repayment.
In addition to the loan transactions, Petreccia and Oro One Digi Assets, LLC, transferred cryptocurrency assets valued at approximately $400,000 to digital wallet addresses controlled by Yavorsky. Yavorsky allegedly failed to return these assets, converting them for his own use.
The Settlement Plaintiffs (Maryl Petreccia, individually and as Trustee for the Maryl Gladstone Petreccia Living Trust and the Petreccia Descendants Trust, GS Roots LLC, and Oro One Holdings LLC) are seeking damages in the amount of $3,357,923.59 for the breach of the Settlement Agreement, including the initial payment of $2,405,530.00 and the second payment of $830,061.64, plus prejudgment interest and attorneys’ fees.
The Crypto Plaintiffs (Maryl Petreccia and Oro One Digi Assets, LLC) are seeking damages in a sum to be proven at trial, but not less than $400,000.00, representing the principal value of the crypto assets at the time of transfer, plus prejudgment interest.
The plaintiffs are also seeking punitive damages against Abraczinskas, Yavorsky, and the corporate entities for fraudulent inducement, conversion, and intentional misrepresentation. They allege that the defendants acted with oppression, fraud, and malice in their dealings with Petreccia.
Plaintiffs demand a jury trial on all issues.
Please contact BlockTribune for access to a copy of this filing.
