Alex Dee pleads guilty to 8 Figure Dream Lifestyle fraud
Alex Dee has pled guilty to one count of conspiracy to commit wire fraud.
Dee’s guilty plea was entered on July 30th. Sentencing, including restitution is to be scheduled at a later date.
Earlier this year, Dee was one of three scammers arrested in connection to 8 Figures Dream Lifestyle.
Dee’s co-conspirators Brian Kaplan and Jerry Maurer have already pled guilty.
8 Figure Dream Lifestyle was an MLM gifting pyramid scheme launched in 2017.
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.
At sentencing, Dee faces a maximum 20 year sentence, restitution and maximum $250,000 fine.
Part of Dee’s plea deal is a DOJ recommendation for a reduced sentence.
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