Two AirBit Membership promoters and a lawyer have been sentenced to between one and 5 years in jail.
Following a twelve yr sentence handed right down to co-founder Renato Rodriguez final week, a sentencing listening to for Cecilia Millan, Karina Chairez and Scott Hughes was held on October third.
Cecilia Millan and Karina Chairez, prime promoters of AirBit Membership, obtained 5 years and one yr and someday sentences respectively.
Scott Hughes (proper), an lawyer who threatened BehindMLM for reporting on AirBit Membership, was sentenced to eighteen months in jail.
Along with giving dangerous authorized recommendation, Hughes helped AirBit Membership launder roughly $18 million {dollars}.
Gutemberg dos Santos, the only remaining AirBit Membership legal defendant, is scheduled to be sentenced on October 4th (later right now).
AirBit Membership was a $100 million MLM crypto Ponzi scheme launched again in 2015.
Following AirBit Membership’s collapse, indictments dropped in August 2020. A parallel SEC civil fraud case stays pending.
Replace fifth October 2023 – Gutemberg dos Santos has been sentenced to 40 months in jail.