Jeremie Sowerby facing indictments for “other fraud schemes”
Serial MLM crypto scammer Jeremie Sowerby is facing multiple pending indictments.
The disclosure was made by the DOJ in a recent motion arguing for Sowerby’s ongoing detention, following his arrest on September 19th.
In arguing for Sowerby’s ongoing detention, the DOJ cites Sowerby (right), a Canadian national living illegally in the US since 2017, as “an extreme flight risk and a serial economic danger to the community.”
Sowerby is the epitome of a serious flight risk. He a Canadian citizen and has no lawful ability to be present in the United States.
While remaining in this country illegally he has continued to defraud hundreds of victims out of countless millions.
It also appears that Sowerby has not paid any taxes or earned an honest dollar in the last decade.
He still has family ties in Canada and could easily return to Canada. And he has many connections in Mexico and can escape in that direction as well.
He has another girlfriend in Mexico (“MJ”) as mentioned in his jail calls. He is known to travel across the United States in vehicles, and by his own account, has traveled “back and forth” between Canada and the United States.
He knows that additional indictments against him are forthcoming. He also discussed “contingency plans” prior to his arrest with a witness.
Sowerby was also, contrary to his statement to Pretrial Services, living out of a hotel at the time of his arrest and driving a rental vehicle.
He is known by law enforcement to avoid placing his name on assets, including vehicles and properties.
In addition to the above, Sowerby’s flight risk status was determined by his knowledge of “additional imminent indictments”.
Sowerby has been personally notified that he faces additional indictments in the coming weeks for his later fraud schemes.
Specific Sowerby fraud schemes cited in the DOJ’s motion include “Now Mining, Dunamis Global Technologies, Block Mint, Block X, Digital Mint, 888 Management, Kannabiz Koin, Kannabiz Monkeez, My Blockchain Life, My Block X, We Sell Miners, Justice Capital, FTX Primary, and Phoenix Ultra, among others.”
Most of Sowerby’s fraudulent schemes used the crypto mining ruse. Investors were led to believe they were purchasing mining equipment, which Sowerby ran for them.
A search of a warehouse leased by Sowerby revealed
thousands of containers, believed to have been printed by 3-D printers on site.
The containers were mostly empty, except for a very few with circuit boards put into plastic casings.
These few were used to deceive victims into believing the warehouse was full of functioning mining machines when the power to the warehouse was also entirely shut off and had been for months.
The DOJ also believes Sowerby has “several cryptocurrency accounts and is understood to have access to vast reserves of cryptocurrency from his fraudulent schemes.”
While in custody, in a recorded phonecall Sowerby instructed his girlfriend to not share a “list of passwords … unless [he’s] dead”.
(Sowerby) has also arranged from custody to dispose of properties purchased with stolen money.
He has created dozens of trusts to hold property; none of them are in his name (but the stated beneficiary often is his nine-year-old son).
Sowerby’s detention hearing was held on November 2nd. Pending filing of “additional information”, the hearing was continued to November 28th.