Faraday Hosseinipour gets 2.5 years in prison for I2G fraud
Faraday Hosseinipour has been sentenced to 2.5 years in prison.
Hosseinipour’s January 5th sentencing follows her mail and securities fraud conviction last September.
Hosseinipour (right) will be advised when she has to surrender to PreTrial Services sometime after February 3rd. She remains subject to the conditions of her release bond till then.
Infinity2Global was a casino themed MLM Ponzi scheme launched in 2013.
As per her 2017 indictment Hosseinipour, as a top promoter of the scam, stole $800,000 from Infinity2Global victims.
Maike has since appealed his sentence.
Looking forward, restitution amounts for Hosseinipour, Maike and Barnes are scheduled to be determined on February 3rd.
Although a date hasn’t been set yet, remaining I2G defendants Dennis Dvorin and Jason Syn have yet to stand trial.
In the interests of judicial efficiency, Dvorin and Lyn were “severed” from the primary I2G trial back in July.
It is expected Dvorin and Lyn will stand trial sometime after February 2023.