OneCoin cash launderer David Pike has pled responsible to at least one rely of financial institution fraud.
As per a Consent Preliminary Order of Forfeiture, introduced at Pike’s October nineteenth plea management listening to, he’s additionally topic to a $2.09 million greenback judgment.
Pike’s 2020 superseding indictment detailed 4 situations of fraud throughout one rely of conspiracy to commit financial institution fraud.
As per the submitting, the $2.09 million judgment quantity represents
the quantity of proceeds traceable to the fee of the offense charged.
The order was signed off on by Choose Ramos on the October nineteenth listening to.
Wanting ahead, a sentencing date has but to be scheduled.
It’s anticipated, along with his $2.09 million forfeiture judgment, that Pike will spend time in jail.
BehindMLM tracks OneCoin sentencing dates in a separate recurrently up to date article.
Replace 2nd March 2022 – On March 1st David Pike was sentenced to 2 years probation.