A March twelfth standing convention within the Payza case has been rescheduled for April.
In our final case replace (November 2019), negotiations between the DOJ and Patel defendants recommended case decision was imminent.
These negotiations are ongoing, that means we haven’t had a stable case replace since January 2019.
As per a March 4th movement to proceed the beforehand scheduled March twelfth standing convention, it seems negotiations between the events are heading towards plea agreements.
The Authorities and Defendants have been participating in plea negotiations relating to the disposition of the above-referenced matter however want extra time to finalize their present settlement in precept.
The Authorities and Defendants anticipate finalizing their agreements and contacting the Courtroom for re-arraignment and responsible pleas in April, if handy to the Courtroom.
In anticipation of plea agreements being filed in early April, the court docket has rescheduled the Standing Convention for April twenty first.
Given Firoz and Ferhan Patel are dealing with a $250 million greenback cash laundering case, I can’t see them strolling free.
I’ll keep watch over the docket going into April. Failing any filings earlier than the scheduled convention, on the very least we’ll have an replace on April twenty first.
Replace April twenty first 2020 – On April tenth the court docket vacated the beforehand scheduled April twenty first listening to.
The court docket the Payza case is being heard in has delayed all proceedings till June 1st, 2020.
In mild of that, the DOJ and Payza have been directed to file a joint standing report earlier than Might fifteenth.
I’ve scheduled our subsequent case docket replace for Might sixteenth.
Replace sixteenth Might 2020 – A Might fifteenth Joint Standing Report confirms the DOJ and Patel defendants have reached a plea settlement.
I used to be going to place up a separate article however particulars of the plea settlement have but to be made public.
The report requests a plea listening to be scheduled between June twenty second to twenty fourth. I’ve marked our subsequent docket replace test for June twenty fifth.
Replace twenty fifth July 2020 – On July seventeenth the Patel brothers pled responsible to cash laundering.
Replace twelfth November 2020 – On November tenth the Patel brothers have been sentenced to 4+ years in jail.