The CFTC has secured an Entry of Default towards 4 iComTech Ponzi scammers.
Following their failure to reply to the CFTC’s lawsuit, Entry of Default was entered towards David Brend, Moses Valdez, Marco Ruiz Ochoa and Juan Arellano Parra on July twentieth.
Of the 4 defaulted defendants, David Brend did try and file a pro-se responsive pleading on July 14th.
Citing himself as “not an expert legal professional”, Brend (proper) professed his innocence in his submitting.
I’m harmless of all allegations. I’m a sufferer and my enterprise companions and associates are additionally victims of this firm iComTech.
I’ve no possession or contract verbal or non-verbal or authority of any variety over selections or operations of iComTech.
I don’t converse Spanish and don’t perceive Spanish.
I relied on my enterprise accomplice different traders like myself who spoke each English and Spanish to advise me. The one language I converse is English.
I used to be an investor and had invested 30-40+ (valued within the lots of of hundreds of {dollars}) bitcoins into this firm iComTech, that I actually believed to be buying and selling and mining bitcoins.
Any bitcoins I made I’d flip round and reinvest them again into iComTech.
Myself and all of my associates misplaced all of our funding.
When this firm stopped paying us, I attempted to achieve out to Roy Landers’ telephone … who I used to be instructed was the legal professional representing David Carmona and the corporate iComTech.
I did so to barter with him and others to get at the least our authentic bitcoins again so we wouldn’t lose them.
I used to be instructed by Roy Landers that David Carmona stopped paying his legal professional price and he was not representing Carmona or iComTech.
I’ve actual proof that exhibits that I invested and misplaced together with my associates. I solely signed up my family and friends. I by no means signed up a stranger.
I imagine on this this enterprise iComTech, so I launched it to the individuals I cared about essentially the most.
If I used to be doing these horrible issues that I’m being accused of to my family and friends then I wouldn’t have any associates or household left. However, that’s fairly the opposite.
In reality, everybody who I personally signed up is a pal of mine to at the present time despite the fact that they misplaced like I did in iComTech.
I can by no means take part in any sort of fraudulent enterprise apply with information it was a lie, and will damage others together with myself.
I’m very sincere, and I solely converse the reality and nothing however the reality. My enterprise accomplice and I are very credible and sincere males.
My family and friends that I instantly sponsored into the enterprise are additionally very credible, influential, excellent residents.
It is a very painful and unfair try and additional damage my household and I after we simply went by a chapter 7 chapter in August of 2022, and after we misplaced all our bitcoins in iComTech.
I’d recognize being dismissed from this case earlier than additional injury is completed to my household and to my status.
My household and I’ve at all times been Jehova’s Witnesses and we learn the Bible day by day.
I’ve full religion and confidence in Jehovah God Almighty and his son Jesus Christ will shield my household and I, and that the reality will come ou and justice shall be finished.
Thanks for listening to me your honor. I do hope the actual criminals get justice for what they’ve finished to us.
On July 18th Brend’s submitting was stricken as inappropriate. Brend was directed to seek the advice of with the court docket’s professional se clinic for steerage.
With Entry of Default recorded, the CFTC is free to file for default judgment towards Brend, Valdez, Ochoa and Parra at a later date.
Each the DOJ and CFTC contemplate Brend a central determine within the iComTech Ponzi scheme.
The CFTC has sued Brend for commodities fraud. The DOJ has filed prison prices, leading to Brend’s arrest final November.
As a part of their case the DOJ alleges Brend, on a recorded iComTech convention name, “admitted, in substance and partially, that he knew IcomTech was a rip-off”.
Brend has pled not responsible and was launched on a $400,000 bond. He’s scheduled to face trial on February twelfth, 2024.