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:
- Receipt of commission for procuring loans (receipt of corrupt payments as an officer of a financial institution)
- Receipt of corrupt payments with intent to influence an officer of a financial institution
- Conspiracy to operate an unlicensed money transmitting business; make & receive corrupt payments; obstruct an examination of a financial institution & make false statements
- 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
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.
Father of Anthony Murgio
Status: Plea Bargain, Sentenced
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.
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.
Status: Plea Bargain
Yuri Lebedev
Coin.MX Operator
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:
As of March 17th, 2017 all legal actions against all parties have concluded resulting in the above.
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:
- Conspiracy to make corrupt payments (two counts)
- See #1 (2nd count)
- Conspiracy to make corrupt payments with intent to influence an officer of a financial institution
- Making corrupt payments with intent to influence an officer of a financial institution
- Conspiracy to operate an unlicensed money transmitting business; make & receive corrupt payments; obstruct an examination of a financial institution & make false statements
- Receipt of commission for procuring loans (making corrupt payments with intent to influence and officer of a financial institution)
- Attempt and conspiracy to commit wire fraud & bank fraud
- Fraud by wire, radio, or television
- Bank fraud
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