Airbit Club @ BehindMLM

The DOJ has announced over $400 million will be made available to victims of the AirBit Club Ponzi scheme. Dubbed the “remission compensation process”, distribution funds are mostly made up of forfeited assets.

The North American Securities Administrators Association (NASAA), has urged the US House Committee on Financial Services not to weaken state securities regulators. Several MLM related fraud cases, initiated by state regulators in the US, are cited in support. NASAA is made up of US state regulators, as well as their equivalents in the District of [Continue reading…]

AirBit Club co-founder Gutemberg dos Santos has been sentenced to 40 months in prison (3.3 years). Dos Santos’ sentence was handed down on October 4th, following sentencing hearings for co-conspirators Renato Rodriguez, Cecilia Millan, Karina Chairez and Scott Hughes.

Two AirBit Club promoters and a lawyer have been sentenced to between one and five years in prison. Following a twelve year sentence handed down to co-founder Renato Rodriguez last week, a sentencing hearing for Cecilia Millan, Karina Chairez and Scott Hughes was held on October 3rd.

AirBit Club co-founder Pablo Renato Rodriguez, 40, has been sentenced to 12 years in prison. On the money side of things, forfeiture was set at $65 million as per a previously consented to order back in March.

On June 2nd Jackie Aguilar’s defendant filed a letter advising the court of her death on May 28th. Aguilar, one of six AirBit Club defendants who pled guilty to fraud, was due to be sentenced on June 27th. Following receipt of Aguilar’s death certificate on June 22nd, the case against her was dismissed on June [Continue reading…]

In addition to Pablo Renato Rodriguez, all five other defendants have also pled guilty. On the chopping block we have: Gutemberg dos Santos – AirBit Club co-owner Karina Chairez – AirBit Club Master Council promoter Cecilia Millan – AirBit Club Master Council promoter Jackie Aguilar – AirBit Club National Entrepreneur promoter and Scott Hughes – [Continue reading…]

Pablo Renato Rodriguez has pled guilty to an AirBit Club criminal charge. Rodriguez and partner in crime Gutemberg Dos Santos, were indicted in 2020 on criminal charges relating to AirBit Club.

Airbit Club defendant Pablo Renato Rodriguez isn’t having a great time in prison. After his arrest and initial denial of bail, Rodriguez contracted COVID-19 in pre-trial custody. This saw him subject to a two month lockdown. Upon release from lockdown and transfer to the Erie County Correctional Facility in New York, Rodriguez then got into [Continue reading…]

AirBit Club co-founder Gutemberg Dos Santos was extradited from Panama on November 25th. The extradition was part of the DOJ’s AirBit Club criminal case, which also names Renato Rodriguez as a co-conspirator.