Following a petition filed by a Pretrial Services Officer, a court has altered Joby Weeks’ release conditions to be “more restrictive”. As per the court’s March 26th order, Weeks (right) will remain released on a $2 million bond, co-signed by Silence and Nathaniel Weeks; is restricted to travelling in Colorado and New Jersey for legal […]
Joby Weeks’ BitClub Network release conditions restricted Read More »
Matthew Goettsche was a key figure behind BitClub Network, a $722 million dollar Ponzi scheme. Following Goettsche’s arrest in 2019 he pled not guilty. Goettsche was deemed a flight risk though and ordered into custody. Following failed plea agreement negotiations, Goettsche appealed his detention and a $20 million bond was set in December 2020. Goettsche
Goettsche struggling with pre-trial conditions after $722M Ponzi Read More »
BitClub Network Ponzi scammers Jobadiah Weeks, Silviu Balaci and Joe Abel are scheduled to be sentenced in March 2023. The trio’s respective sentencing dates were rescheduled via an August 12th order: Jobadiah Sinclair Weeks will be sentenced on March 14th, 2023 Silviu Catalin Balaci will be sentenced on March 16th, 2023 and Joseph Frank Abel
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As per a chargesheet filed on March 24th, Gordon Brad Beckstead helped BitClub Network scammers launder “millions of dollars”. Before he got into investing in Ponzi schemes and money laundering, Beckstead, a resident of Nevada who professionally goes by Brad Beckstead, worked as a CPA. In that role Beckstead claims to have audited over 100
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Earlier this month BitClub Network defendant Joby Weeks requested some “time alone” with his wife Stephanie. He didn’t get what he wanted. Weeks’ request was filed via attorney letter on December 9th. We respectfully move to modify (Weeks’) bail conditions to allow Mr. Weeks to travel within the state of Colorado over the holidays, to
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When I checked the BitClub Network case docket today I thought I’d missed something. There were several references to a bail revocation hearing pertaining to Joby Weeks. But I couldn’t recall seeing a motion preempting the scheduled hearings. Looking at the other filings though, I came across this in a motion from Week’s attorneys: On
DOJ wants Joby Week’s BitClub Network bail revoked Read More »
A Third Forfeiture Bill of Particulars has revealed millions of dollars in cash, crypto and assets the DOJ hopes to recover from Matt Goettsche. The DOJ’s latest forfeiture bill was filed on July 22nd. In it the DOJ lays out a list of property they believe is subject to forfeiture. In other words the property
DOJ going after Matt Goettsche’s BitClub Network millions Read More »
Following a hearing on December 11th, BitClub Network co-creator Matthew Brent Goettsche’s bond has been set at $20 million dollars. Goettsche’s bond has been secured with approximately $8.6 million in valued properties. Eight of those properties are in Colorado, one is in Las Vegas, Nevada. As above, there’s no mention of cash so I’m not
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Jobadiah “Joby” Weeks has plead guilty to two counts of BitClub Network related fraud. As per the terms of a plea agreement reached with the DOJ, Joby Weeks has pled guilty to conspiring to offer and sell unregistered securities and tax evasion. I don’t recall specific figures pertaining to Weeks’ tax evasion being included in
Joby Weeks pleads guilty to BitClub Network fraud Read More »
BitClub Network defendant Matthew Brent Goettsche has rejected an offered plea deal. The news was revealed during a Frye Hearing, held on September 15th. As per minutes of the proceedings, Goettsche’s attorney advised the court a plea deal had been discussed with the DOJ. Goettsche (right) had discussed the deal with his attorney but chosen
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