If you are found guilty for organizing a Ponzi Scheme in the USA this is what happens:
The Patrick Pretty website reports: 7.5 year in jail for former COO Dawn Wright Olivares and 2 years for CTO Daniel Olivares:
Patrick Pretty:
“The landing spots for two key Zeek Rewards figures now are known. Former Zeek COO Dawn Wright-Olivares is listed as inmate 29336-058 at FMC Carswell in Fort Worth, Texas.
The facility is a Federal Medical Center for female offenders and has an adjacent minimum security satellite camp, according to the Federal Bureau of Prisons website.
Daniel C. Olivares, the stepson of Wright-Olivares and the former senior technology officer at Zeek, is listed as inmate 29335-058 at CI Taft, a contracted correctional institution operated by a private corporation in Taft, Calif., according to the BOP website.
Wright-Olivares and
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TelexFree – Sann Rodriques in Jail
by Ted Nuyten • • 0 Comments
One of the top promoters in TelexFree Inc.’s alleged $3 billion pyramid scheme is being held in a Florida jail on a contempt charge, after failing to return assets including cars and cash that securities regulators had frozen.
Sanderley Rodrigues de Vasconcelos, known more widely as Sann Rodrigues, was arrested in May on visa fraud charges and has been home under electronic surveillance awaiting trial. But he was arrested Thursday and is now in custody in Tampa, according to federal officials.
A judge in the Securities and Exchange Commission’s civil case against Rodrigues in December held him in contempt for violating the terms of his release on bail.
He had been given a deadline of Jan. 15 to return $233,473 transferred out of his bank accounts, as well as proceeds from the sale of a