Well that didn’t take long. Just two weeks after being let out of custody, Kristijan Krstic and his wife have violated their release conditions and fled.
Options Rider @ BehindMLM
After pleading not guilty to four counts of Bitcoiin related fraud in April, a few days ago DeMarr entered a change of plea.
Kristijan Krstic, head of a Ponzi empire that allegedly bilked consumers out of $70 million, has been released from custody. Pending a decision from the European Court of Human Rights, Krstic will remain under house arrest till August 16th.
Apparently getting sent to prison for running Ponzi scams is a violation of human rights. Or so Krstijan Krstic’s lawyers in Serbia would have you believe.
A sixteenth defendant has been added to the DOJ’s Kristijan Krstic Ponzi empire fraud case. Jaira David, aka Jenny Liu, Kate Muller and Alice Newtown, was indicted under seal on March 4th, 2020.
The Serbian Court of Appeals has rejected Krstijan Krstic’s appeal against extradition to the US. US authorities are now one step closer to extraditing Krstic to the US, where he is facing criminal and civil charges related to fraud.
As part of Bitcoiin criminal proceedings, hundreds of electronic devices seized in Serbia have been turned over to the FBI in Texas. Data stored on the devices is still being processed, resulting in a request to continue the trials of defendants Haojia Miao and Antonije Stojiljkovic.
John DeMarr’s Bitcoiin indictment was filed on March 23rd, 2021. The indictment details four counts of fraud, pertaining to DeMarr’s involvement in Bitcoiin and Start Options.
Following a successful appeal last month, the Kristijan Krstic extraditions were punted back to a Serbian High Court. That High Court has now reaffirmed that “that all legal preconditions for extradition have now been determined”. This means that extradition is once again on the cards, pending the outcome of another new appeal.
The DOJ has been granted an intervention in the SEC’s civil case against Kristijan Krstic, John DeMarr and Robin Enos. The granted intervention is followed by an order staying the case, pending the outcome of parallel criminal proceedings.