Joseph Cammarata hit with superseding indictment
Former Investview CEO Joseph Cammarata has been hit with a superseding indictment.
The indictment is dated September 8th, and adds wire fraud and money laundering charges to Cammarata’s alleged rap sheet.
Whereas Cammarata’s original indictment detailed one count of conspiracy, the superseding indictment details twelve counts of fraud.
- one count of mail and wire fraud conspiracy
- four counts of wire fraud
- one count of money laundering conspiracy and
- six counts of money laundering
General allegations against Cammarata (right) remain the same; that he and two accomplices filed bogus recovery claims in SEC securities fraud settlements.
The claims were filed through Cammarata’s company Alpha Plus Recovery. Once received, funds were laundered through various US bank accounts.
Of note are four sealed filings accompanying Cammarata’s superseding indictment. I don’t know what these filings pertain to.
Cammarata was arrested in November 2021. He was initially released but, following a bungled attempt to flee the US, was sent back to custody earlier this year.
The official reason for Cammarata’s detention was “alien smuggling”.
There is probable cause to believe that the defendant, Joseph Cammarata, has committed a federal crime while on release, that is, alien smuggling.
There is clear and convincing evidence that the defendant has violated the conditions of release.
There is a preponderance of evidence that the defendant is unlikely to abide by any condition or combination of conditions of release.
The smuggling pertained to Cammarata’s girlfriend, who Cammarata, while on release, assisted with illegally entering the US.
In July Cammarata had a meltdown and requested a bail hearing, with the aim of securing release from custody again.
On September 14th, the DOJ filed an emergency motion requesting Cammarata’s bail hearing be reopened.
In his push for a second release from detention, Cammarata denied the DOJ’s allegations.
This is from the DOJ’s September 14th emergency motion filing;
In its supplemental brief following the September 1, 2022, hearing, the defense derided the government’s claim that Cammarata had sneaked his foreign-national girlfriend into the United States without inspection while on pretrial release:
The government has no direct evidence that Mr. Cammarata helped Ms. Beltran get into the United States in January 2022 in violation of the conditions of his release.
What prompted the DOJ’s emergency motion was “new evidence”.
The government has obtained new evidence that refutes the defendant’s representations to this Court and conclusively establishes that Cammarata broke the law by smuggling his girlfriend into the United States while on bail.
- a June 27th recorded phonecall between Cammarata and his girlfriend, during which Cammarata “stated that he was in jail because he wanted to see her and admitted that ‘I never should’ve brought you to the country.'”; and
- testimony from an unidentified individual, admitting “he transported (Cammarata’s) girlfriend, at (Cammarata’s) direction, from the Bahamas by boat to the United States in June 2021 and again in January 2022”.
The day after the DOJ’s emergency motion was filed, the court denied Cammarata’s motion for reconsideration without further hearing.
On March 10, 2022, this Court revoked Mr. Cammarata’s bail because it found that there was probable cause to conclude that, while out on pre-trial release, Mr. Cammarata committed a federal crime, that there was clear and convincing evidence that Mr. Cammarata violated his conditions of release, and that there was a preponderance of evidence that Mr. Cammarata was unlikely to abide by any condition or combination of conditions of release.
This Court finds that Mr. Cammarata has failed to present any new evidence that has a material bearing on the issue of whether there are conditions of release that will reasonably assure his appearance, as required.
To the contrary, the Court is less assured now than at the time of the March 10, 2022 Bail Revocation Hearing that Mr. Cammarata would appear for future proceedings or comply with any set of conditions should he be released.
On September 22nd, Cammarata informed the court he’d filed an appeal against the decision.
In light of the existing evidence and DOJ’s new evidence, we’re tipping Cammarata’s appeal is unlikely to go well.
On September 23rd, Cammarata’s superseding indictment arraignment was held. Cammarata pled not guilty on all counts.
Although the company isn’t implicated in Cammarata’s Alpha Plus Recovery scamming, Cammarata was CEO of Investview, owner of the MLM company iGenius, during the time of the alleged conduct.
BehindMLM maintains Investview has and continues to commit securities fraud through iGenius and its previous company names.
Update 5th October 2022 – Cammarata’s appeal for release prior to trial was denied on October 4th.
Update 8th November 2022 – Joseph Cammarata was found guilty on eight superseding indictment count on October 27th.
“I absolutely didn’t smuggle my girlfriend into the US. I had no idea! Wasn’t me, honest! LET ME OUT OF PRISON FFS!”
“ORLY? We have a telephone recording where you admit smuggling her in. We also have the guy you hired to smuggle her in.”
Thanks for the update in this interesting case.
One thing, it doesn’t look like the superseding indictment included anything on alien smuggling but sounds like there is strong evidence. What do you think the situation is there? Thanks.
Cammarata hasn’t been formally charged with alien smuggling. The court recognized he’d committed the act though and cancelled his release earlier this year.
Whether the DOJ additionally charges Cammarata with people smuggling remains to be seen. If they do, it won’t be part of this case, it’ll be a separate case.
Update noting Cammarata’s release appeal has been denied.
As of October 19th the parties are still working out jury issues.
Also of note is on October 13th, the DOJ moved to dismiss counters seven to ten of the superseding indictment.
Cammarata’s trial has begun and is underway. Jury has been selected. DOJ is presenting witnesses.
Cammarata filed a Motion to Dismiss the superseding indictment on October 24th.
The motion was denied on October 25th.
I believe my wife and I are also victims (to the tune of $200,000) of a merchant cash fund that was managed by Mr. Cammarata, called Midtown Resources. Which my financial advisor tells me was a fraud Ponzi scheme.
I have not been able to find much information other than these web pages and desperately need help in any way possible.
Any help you can give would be MUCH appreciated.
(Ozedit: email removed)
Probably best getting in touch the DOJ Alan.
Has there been a decision in the trial?
Updates at the end of the article.