The Coin.MX Partners Crime | dinbits


The cast and crew of the sunken ship that was Coin.MX. The poster-child company of exactly what not to do in the United States when operating a bitcoin exchange.


Anthony Murgio 
Coin.MX Founder

Status: Plea Bargain

Arrested July 21st, 2015, Murgio has since plead guilty to three counts, including conspiracy to operate an unlicensed money transmitting business and conspiracy to commit bank fraud. 

He is currently awaiting sentencing.




Trevon Gross
Pastor
Former Chairman of the Board, HOPE FCU

Status: Convicted

Found guilty of accepting over $150,000 in bribes as the Chairman of the Board of the credit union that served primarily low-income local residents in New Jersey.

Sentencing on July 20th


Trevon Gross charges:
  1. Receipt of commission for procuring loans (receipt of corrupt payments as an officer of a financial institution)
  2. Receipt of corrupt payments with intent to influence an officer of a financial institution
  3. Conspiracy to operate an unlicensed money transmitting business; make & receive corrupt payments; obstruct an examination of a financial institution & make false statements
  4. Receipt of commission for procuring loans (receipt of corrupt as an officer of a financial institution)


Michael J. Murgio
School Board Member
Father of Anthony Murgio 

Status: Plea Bargain, Sentenced

Murgio Sr. lied to the National Credit Union Administration. He's already pled guilty to the charge. Remember kids, it's a federal offence to lie to a financial institution.  He was sentenced to 1 year probation and a $12,000 fine on January 27th.




Ricardo Hill 
Coin.MX Marketing Manager 
Business Development Coordinator

Status: Plea Bargain

Plead guilty to seven counts on January 17 including bank fraud, wire fraud and conspiracy to operate an unlicensed money-transmitting business


Jose M Freundt 
Coin.MX Secretary.

Status: Plea Bargain

Freundt plead guilty to conspiracy to operate an unlicensed money transmitting business, operating an unlicensed money transmitting business and conspiracy to corruptly make payments to an officer of a financial institution, each of which carries a maximum sentence of 5 years in prison; and (oh there's more) one count of corruptly making payments to an officer of a financial institution, one count of conspiracy to commit wire fraud, and one count of wire fraud, each of which carries a maximum sentence of 30 years in prison. 

Yuri Lebedev

Coin.MX Operator

Status: Convicted

Yuri, like Gross, was convicted of bribery. He was also convicted of wire fraud, bank fraud, and conspiracy for lying to the banks and obstructing a regulatory investigation.

His original charges:
  1. Conspiracy to make corrupt payments (two counts)
  2. See #1 (2nd count)
  3. Conspiracy to make corrupt payments with intent to influence an officer of a financial institution
  4. Making corrupt payments with intent to influence an officer of a financial institution
  5. Conspiracy to operate an unlicensed money transmitting business; make & receive corrupt payments; obstruct an examination of a financial institution & make false statements
  6. Receipt of commission for procuring loans (making corrupt payments with intent to influence and officer of a financial institution)
  7. Attempt and conspiracy to commit wire fraud & bank fraud
  8. Fraud by wire, radio, or television
  9. Bank fraud

As of March 17th, 2017 all legal actions against all parties have concluded resulting in the above.


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