Dennis Dvorin sentenced to 12 months for I2G Ponzi fraud
Infinity2Global Ponzi promoter Dennis Dvorin has been sentenced to 12 months in prison.
Dvorin’s sentence was handed down on November 22nd, following a November 17th guilty plea to one count of securities fraud.
On the money side of things Dvorin (right) was sentenced to $3.9 million in restitution, which he is jointly liable for with his promoter co-defendants.
Dvorin’s Infinity2Global co-defendants have been convicted and sentenced to 2.5 to 10 years.
- Faraday Hosseinipour was sentenced to 2.5 years in January 2023
- Doyce Barnes was sentenced to 4 years in December 2022
- Richard Maike was sentenced to 10 years in December 2022
Barnes and Hosseinipour have an appeal against their conviction pending.
The remaining co-defendant, Jason Syn, has a Change of Plea hearing scheduled for December 19th.
Maike launched Infinity2Global back in 2013. The Ponzi scheme would go on to defraud consumers out of $30 million plus.
Update 14th December 2023 – Dennis Dvorin has filed an appeal against his November 22nd judgment.
Not really sure how that works given he signed a plea agreement but I’ll publish any updates below.