Haojia Miao, aka Haljia Miao and Stan Miao, is a part of Kristijan Krstic’s Ponzi empire.
Miao, a Californian resident, was arrested by the FBI October seventh.
Though he was arrested previous to John DeMarr, Miao (proper) is the second of Krstic’s accomplices identified to be arrested within the US.
As per Miao’s Californian case docket, bail was initially set at $250,000 on October ninth. It was decreased to $150,000 on October fifteenth.
Miao posted bail by way of money on October sixteenth.
Miao’s bond situations noticed him give up his passport and journey paperwork. Miao was to stay in his residence, with journey solely permitted to the Northern District of Texas to look in court docket.
On October ninth Miao’s Californian case was terminated and transferred to Texas.
In Texas Miao, together with sixteen different named defendants, have been indicted for his or her roles in Kristijan Krstic’s $70 million+ Ponzi empire.
I’ll publish particulars of the indictment in a separate article, linked under as an replace when it’s performed.
Getting again to Miao’s prison case, on October twenty sixth an formidable January 4th trial date was scheduled.
On November thirteenth Miao filed a movement requesting continuance of the trial and its designation as a fancy case.
On December 2nd the court docket issued an order on Miao’s movement, granting the request for complicated case standing.
The Courtroom agrees with the defendant and finds that the case is so complicated because of the nature of the prosecution and the complexity of the details underlying the indictment, the variety of defendants, most of which have been arrested in another country and are awaiting extradition, and the voluminous nature of the invention that it’s unreasonable to anticipate enough preparation for the trial itself inside the cut-off dates established by the Speedy Trial Act.
Accordingly, the Courtroom designates this case as complicated.
Miao had requested a continuance of 1 yr, which the court docket denied. As a compromise, the court docket granted Miao a six-month continuance.
A brand new trial date has been scheduled for July twelfth.
Replace nineteenth December 2021 – Haojia Miao has pled responsible to 1 rely of wire fraud.