8 Figure Dream Lifestyle defendant Alex Dee has been arraigned.

Following Dee’s arrest on January 10th, Dee finally made his initial appearance on February 20th.

Dee pled not guilty to four counts of wire fraud and one count of conspiracy to commit wire fraud.

Pending trial, Dee was released on a $196,000 property bond and passport surrender on February 21st.

On February 29th, citing “some of the most voluminous discovery counsel for Mr. Dee has encountered in 35 years of defending federal criminal charges”, Dee’s attorney requested a continuance on all pending case deadlines.

The court granted the motion on March 4th, initially rescheduling Dee’s trial for November 3rd, 2024.

On March 5th, Dee’s trial date was again rescheduled for October 7th, 2024.

Co-conspirators Brian Kaplan and Jerrold Maurer have already pled guilty. Both defendants are scheduled for sentencing on December 16th, 2024.

8 Figure Dream Lifestyle court filings also reference a fourth co-conspirator, believed to be John Bain.

As at time of publication, no criminal charges have been filed against Bain.

8 Figure Dream Lifestyle criminal charges follow civil regulatory action from the FTC in 2019. The FTC’s case was settled for $31.9 million in 2020.

BehindMLM reviewed 8 Figure Dream Lifestyle in 2017, correctly identifying it as an illegal gifting scheme.

 

Update 17th June 2024 – Alex Dee’s 8 Figure Dream Lifestyle trial was vacated on June 14th. A Change of Plea hearing is to be scheduled within a week.

 

Update 22nd June 2024 – Alex Dee’s Change of Plea hearing is scheduled for July 30th, 2024.

 

Update 1st August 2024 – Alex Dee has pled guilty to one count of conspiracy to commit wire fraud.