BitClub Network scammers to be sentenced March 2023
BitClub Network Ponzi scammers Jobadiah Weeks, Silviu Balaci and Joe Abel are scheduled to be sentenced in March 2023.
The trio’s respective sentencing dates were rescheduled via an August 12th order:
- Jobadiah Sinclair Weeks will be sentenced on March 14th, 2023
- Silviu Catalin Balaci will be sentenced on March 16th, 2023 and
- Joseph Frank Abel will be sentenced on March 21st, 2023
It’s expected, but not guaranteed, that all three will spend time in prison.
BitClub Network defendant Matt Goettsche is, for now, fighting the criminal charges against him. His case has been continued till October 2022.
Defendant Russ Medlin is imprisoned in Indonesia on child sex crimes.
In related news, Weeks (right) applied to have his home detention changed to curfew on August 8th.
We respectfully move to modify Mr. Weeks’ bail conditions from home incarceration to a curfew, to allow Mr. Weeks to attend family activities and visit family-owned properties within the State of Colorado.
Pretrial Services Officer has informed us that they are amenable to this modification in light of Mr. Weeks’ overall compliance with the conditions of his release.
The United States, through Assistant United States Attorney Anthony Torntore, defers to Pretrial Service’s position.
Weeks initially thought he could pull a fast one while subject to detention. As per PreTrial Services’ assessment above, Weeks seems to have accepted his fate and settled down.
Weeks’ motion for a change to curfew was granted on August 15th.
Update 1st March 2023 – On February 24th the court rescheduled Joe Abel’s and Joby Weeks’ sentencing.
- Joby Weeks’ sentencing has been rescheduled from March 14th to November 14th, 2023
- Joe Abel’s sentencing has been rescheduled from March 21st to November 15th, 2023
No explanation for the rescheduling was provided.
As far as I know, Silviu Balaci’s March 16th sentencing is still on schedule. I’ll check back on March 17th for an update.
Update 17th March 2023 – On March 6th, Balaci’s sentencing was rescheduled for November 16th, 2023.
No reason for the rescheduling was provided but this is in line with Abel’s and Week’s rescheduling last month to November.
This is ridiculous. At this rate he’s never going to be punished despite stealing hundreds of millions.
Am I correct in thinking that they are on house arrest and the longer they push these sentencing dates out the less jail time they will get due to “time served”?
The courts must insure that assets of these people are attached and sold to recover and refund disgruntled investors cheated by these people including Matt Goettsche and Russ Medlin
Only want my money back.
Article updated noting delayed Weeks and Abel sentencing dates.
Balaci’s March 16th sentencing appears to still be on schedule.
joe abel’s wife janet is in the Philippines, spending money like crazy, they hide the money in their different houses in the Philippines, not in the bank because they know what will happened.
Thy did not return the money to the victims, they worked hard to scammed victims.
oh no, house arrest in his Joe abel’s mansion in Camaarillo, Ca , what a life. Wife in the Philippines, spending fortune. Hard earned money of victims.
Oz?
I checked the docket on March 17th. Balaci’s sentencing has been rescheduled for November, in line with the other BCN sentence dates.
Made a note of it on Balaci’s guilty plea article. Will add an update note here too.