The fourth and remaining EmpowerCoin and JetCoin Ponzi defendant has pled responsible.
At a change of plea listening to held on September sixteenth, Dwayne Golden pled responsible to conspiracy to commit wire fraud and cash laundering.
As a part of his responsible plea, Golden (proper) consented to forfeit $2.46 million in the direction of restitution.
The courtroom accepted Golden’s responsible plea on the change of plea listening to.
Golden’s fees had been filed in early 2022, as a part of a gaggle of indictments focusing on EmpowerCoin, ECoinPlus and JetCoin scammers.
On the conclusion of the listening to, the US Probation Division was ordered to file a Presentence Investigation Report by March seventeenth, 2025.
At sentencing, which is but to be scheduled, Golden will withstand fifteen years in jail plus financial penalties.
Along with his pending felony sentence, Golden was sued by the CFTC on associated fraud fees in March 2022. The CFTC’s civil fraud in opposition to Eger has been stayed pending conclusion of felony proceedings.
Golden’s co-defendants one after the other pled responsible since fees had been filed.
The responsible pleas are anticipated to hasten decision of the CFTC’s civil fraud fees as soon as the case is reopened.