In June 2018 Daniel Filho was declared incompetent to face trial.
A 12 months later Filho seems to have made a miraculous restoration. He’s speaking with DFRF Enterprises victims and seems to be planning a comeback.
In 2015 the DOJ and SEC went after Filho for operating DFRF Enterprises, a $22.8 million greenback Ponzi scheme.
Following his arrest in July 2017, Filho was indicted on three counts of wire fraud.
As his case progressed, trotted out the competency card.
This noticed felony proceedings in opposition to Filho delayed for 2 years, and in the end dismissed in November 2018.
Quick ahead eight months and Filho is posting fairly usually to his Instagram account.
Seemingly choosing up proper the place he left off, Filho isn’t shying away from his Ponzi previous.
In a single photograph Filho could be seen sitting subsequent to Eduardo Da Silva, a co-defendant within the SEC’s DFRF Enterprises fraud lawsuit.
Final we heard Da Silva had fled to Brazil and extra lately, ghosted the attorneys representing him within the SEC case.
What’s maybe most annoying about Filho’s Instagram account is his interplay with DFRF Enterprises victims.
As above, Filho is directing DFRF Enterprises victims to the “dfrfmember.com” area.
The DFRF Member web site hosted on the area is a pre-built WIX website.
A tag-line for the location reads those that enroll will be capable of
join with members of our website. Go away feedback, comply with folks and extra.
Your nickname, profile picture, and public exercise shall be seen on our website.
Within the web site footer, operation of the location is credited to “Giovanni Reyes & DFRF”.
Giovanni Reyes is an admin on the location. Within the blurb above, the account is referenced as “Daniel & Giovanni’s profile”.
If one clicks the “FORM” menu within the DFRF Members web site header, you’re redirected to a web page asking for banking and DFRF Enterprises funding particulars:
Beneath the guise of supplied “donations”, Daniel Filho seems to be accumulating DFRF Enterprises sufferer info.
In line with Reyes, touted donations to DFRF victims “have completely no attachment to previous funding.”
The SEC was awarded a $17.9 million ultimate judgment in opposition to DFRF Enterprises simply final month.
Contemplating that case continues to be lively and Filho is seemingly too incompetent to sit down in a court docket room and take accountability for his actions, how is any of this taking place?
Am I lacking one thing, or would organising an internet site to gather sufferer particulars for some “donations” scheme recommend at the least some degree of competency on Filho half?
Going by Giovanni Reyes’ DFRF Members profile, the web site appears to have been arrange on or round Could 2019.
Given these are comparatively latest developments, for now I’m keen to chop the DOJ and SEC some slack.
Going ahead although I’d be completely gobsmacked if neither regulatory took any additional motion.