It’s been some time since we final checked in on the SEC’s iPro Community fraud lawsuit. 4 months to be actual.
In that point a number of default judgments have been granted, and a trial date has been scheduled for March 2021.
On June 18th the SEC filed for default judgment towards defendants Matthew Lopez, Maritus Regalis LLC, Gabtta LLC, and Trident Commerce LLC.
Not one of the events opposed default judgment, which the courtroom finally granted on August sixth.
As per the order;
- Matthew Lopez is chargeable for disgorgement of $254,770.00 plus $21,266.21 in prejudgment curiosity (whole: $276,000)
- Maritus Regalis LLC is chargeable for disgorgement of $1,319,205.00 plus $110,116.95 in prejudgment curiosity (whole: $1.42 million)
- Gabtta LLC is chargeable for disgorgement of $1,207,751.12 plus $100,813.64 in prejudgment curiosity (whole: $1.3 million)
- Trident Commerce LLC is chargeable for disgorgement of $1,002,758.88 plus $83,702.49 in prejudgment curiosity (whole: $1.08 million)
Defendants have been given thirty days to pay up, from the August sixth order date.
The case towards remaining defendants Daniel Pacheco (proper), E Revenue Methods, Fintact Fee Options and Fintact Options Group continues.
On Could nineteenth a trial date was scheduled for March sixteenth, 2021.
In associated information our final article on iPro Community introduced up their try to public alternate exit-scam.
Our article was printed on April 1st, 2020. As of Could sixteenth, the PROC Twitter account introduced it was
on the ultimate levels to get PROC activated again on @hitbtc.
We’re additionally negotiating a second alternate as a backup!
The final publish by the PROC twitter account is dated Could twenty first;
UPDATE: HitBTC needs to be again on quickly, we’re nonetheless resolving a few of the backed-up points however we’re getting shut!
As on the time of publication PROC isn’t listed on HITBTC or, so far as I’m conscious, another public alternate. ProCurrency’s web site can be offline.
It appears no matter exit-scam plans Pacheco had for PROC are useless within the water.
Replace nineteenth October 2020 – As a consequence of ongoing discovery points that want further time to resolve, the iPro Community trial has been pushed again to July twentieth, 2021.
Replace fifteenth March 2021 – A fifth request to delay the iPro Community trial was filed by the SEC on February 18th.
The problem once more is ongoing discovery disputes, this time pertaining to use of present playing cards.