By way of a letter addressed to the courtroom, David Pike’s attorneys have confirmed the OneCoin cash launderer intends to plead responsible.
Pike was arrested final November on expenses associated to OneCoin cash laundering.
Info on the case has been scarce owing to ongoing negotiations between Pike and DOJ.
Final month we obtained a whiff of Pike more likely to change his preliminary not responsible plea. This has now been confirmed in a letter to the courtroom.
On March thirty first Pike’s lawyer filed a letter with the courtroom stating;
It’s anticipated by the events that this matter can be resolved by a responsible plea.
A change of plea management date is at present set for April 9, 2020.
The dangerous information is, as a result of COVID-19, the aim of the letter is to request a responsible plea management date extension.
Though the events are near finalizing a plea settlement, the ultimate particulars haven’t but been labored out.
Given the present coronavirus disaster and the nationwide digital shutdown, we request the responsible plea management date be continued for about 60 days.
The DOJ has consented to the request, which means it’s all however sure to achieve courtroom approval.
As of but nonetheless there was no order made. Regardless, sixty days from the tip of March places us roughly on the finish of Might.
Replace thirteenth June 2020 – Pike’s change of plea management date was scheduled for June twenty fourth.
Citing COVID-19 considerations, on June eleventh Pike’s lawyer attorneys requested a 90 day continuance.
As of but there’s no ruling on the movement however I anticipate it will likely be granted. I’ll be checking the docket once more subsequent week.
Replace twenty ninth September 2020 – Following approval of their earlier request, as soon as once more Pike’s lawyer has requested a plea management date postponement.
A brand new date in early December has been requested, the DOJ has no objection. As of but there’s no ruling on the letter movement.
Replace sixth October 2020 – Pike’s movement has been accredited. The brand new plea management date is December eleventh, 2020.
Replace third June 2021 – Pike’s plea management date continues to be pushed again.
The most recent is a June 1st letter from the DOJ requesting an approximate 90 day extension.
The events anticipate that an settlement can be reached and request an adjournment of roughly 90 days, to a date and time handy for the Courtroom.
Pike’s plea management date was in any other case scheduled for June 4th. As of but no new date has been scheduled
Replace twentieth October 2021 – Pike’s plea management date was lastly held on October nineteenth.
As per a filed Consent Preliminary Order of Forfeiture, Pike will give up $2.09 million as a part of his judgment.
Replace 2nd March 2022 – On March 1st David Pike was sentenced to 2 years probation.