iComTech @ BehindMLM

Convicted iComTech Ponzi scammer David Brend has been sentenced to $195,305 in forfeiture.

Following negotiation with the DOJ, iComTech founder David Carmona has been ordered to pay $789,218 in restitution. A separate order has also set iComTech forfeiture at $3.7 million.

iComTech Ponzi promoter David Brend has been sentenced to ten years in prison. Brend’s sentence was handed down on December 2nd, following a guilty verdict in March 2024.

The CFTC has secured default judgment against iComTech’s David Carmona, Juan Parra, Moses Valdez and David Brend.

iComTech Ponzi promoter Gustavo Rodriguez has been sentenced to 8 years in prison.

iComTech founder David Carmona has been sentenced to ten years in prison. Restitution and monetary penalties will be determined on November 22nd, 2024..

Following conclusion of their iComTech trial on March 14th, a jury took just three hours to unanimously find David Brend and Gustavo Rodriguez guilty of conspiracy to commit wire fraud.

Juan Arellano has pled guilty to iComTech fraud charges on the eve of his criminal trial. Following a superseding information filing on February 29th, Arellano pled guilty later the same day.

iComTech promoter Marco Ruiz Ochoa has been sentenced to five years in prison. As per Ochoa’s January 19th judgment, in addition to his prison sentence he’s up for $914,000 in forfeiture and “any and all property” connected to iComTech. Further restitution has been deferred till April 3rd, 2024.

David Carmona, founder of the iComTech Ponzi scheme, has pled guilty to one count of conspiracy to commit wire fraud. After initially pleading not guilty following his arrest in late 2022, Carmona changed his plea at a December 22nd hearing.