Following virtually two years of investigation, the Public Prosecutor’s Workplace in Villa Maria has introduced a Technology Zoe legal trial.
The trial was introduced on Wednesday the 14th, following fees towards Technology Zoe founder Leonardo Cositorto and twenty-five extra defendants.
Cositorto was arrested within the Dominican Republic in April 2022, following Technology Zoe’s collapse a number of months earlier.
Together with Cositorto, twenty-three of the suspects have been arrested.
Rosa Mariz Gonzalez Rincon (proper) and Hector Luis Yrimia stay wished fugitives.
Rincon is a Venezuelan nationwide who offered to be Technology Zoe’s dealer. Her standing and whereabouts stay unknown.
Yrimia is an Argentine nationwide who fled upon studying of pending Technology Zoe legal fees.
Yrimia stays in Dubai, shielded by native authorities.
Expenses pertain to Technology Zoe being a Ponzi scheme, by which over $120 million was stolen and laundered by.
Public Prosecutors have based mostly their case on 173 incidents of fraud involving 76 victims in Villa Maria. The complete scope of the Technology Zoe Ponzi scheme nonetheless seems to be unclear.
As reported by Clarin, if convicted, Cositorto and his co-conspirators every face not less than twenty years in jail. An actual trial date has but to be introduced.
Individually in Spain, authorities in Alicante have arrested Daniel Paterna and his brother Camilo Paterna Lama.
As reported by Info on February twelfth, Paterna and Lama are accused of being Technology Zoe’s ringleaders in Spain. Recognized belongings had been frozen by courtroom order on February eighth.
The case is being handed by Spain’s Particular Prosecutor’s Workplace towards Corruption and Organized Crime. Filed fees towards Paterna and Lama relate to fraud, participation in organized crime and cash laundering.
Paterna and Lama laundered Technology Zoe investor funds to Andorra, the UK, Estonia and Italy. A minimum of one property buy has been recognized.
After Technology Zoe collapsed, Daniel Paterna purportedly informed his victims he “didn’t have a cent to cowl something”.
If convicted, the Paterna and Lama are going through 9 to twenty-one years in jail.