Following a hearing on December 11th, BitClub Network co-creator Matthew Brent Goettsche’s bond has been set at $20 million dollars. Goettsche’s bond has been secured with approximately $8.6 million in valued properties. Eight of those properties are in Colorado, one is in Las Vegas, Nevada. As above, there’s no mention […]
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Joby Weeks pleads guilty to BitClub Network fraud
Jobadiah “Joby” Weeks has plead guilty to two counts of BitClub Network related fraud. As per the terms of a plea agreement reached with the DOJ, Joby Weeks has pled guilty to conspiring to offer and sell unregistered securities and tax evasion. I don’t recall specific figures pertaining to Weeks’ […]
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Joe Abel pleads guilty to BitClub Network securities fraud
Joseph Frank Abel, better known as Joe, is one of the scammers behind the BitClub Network Ponzi scheme. Late last year, Abel and four co-conspirators were indicted on fraud charges. Following his arrest, earlier this year Abel initially pled not guilty. As revealed in a September 3rd DOJ press-release, Abel […]