telexfree-logoFollowing an Interim Status Conference held on December 4th, a report reveals that a plea agreement between James Merrill is “unlikely”.

There have been some very preliminary plea discussions; the parties believe that a plea is unlikely.

Also out are the defenses of ‘insanity, public authority, or alibi.

James Merrill is facing charges for his role in TelexFree, a $1.8 billion Ponzi scheme.

Currently a trial date has been scheduled for April 4th, 2016, however a motion requesting a later date is currently before the court.

Irrespective of whether the trial is postponed or not, it’s looking to be a blockbuster. The DOJ estimate the presenting of their case alone ‘will take four to five weeks‘.

The next Interim Status Conference has been scheduled for January 15th. No updates yet on the Wanzeler case.


Footnote: Our thanks to Don@ASDUpdates for providing a copy of Judge Hennessy’s “Report After Ninth Interim Status Conference”.


Update 16th January 2016 – A Status Conference was held on January 15th as scheduled, with a report revealing that discovery “largely complete”.

Merrill indicated that, for reasons not yet known, he plans to ‘file pretrial motions to suppress evidence seized pursuant to search warrants‘.

These motions must be filed by April 29th, with the next Interim Status Conference scheduled for May 6th.


Update 10th May 2016 – Following the filing of a joint-motion, the May 6th Status Conference has been rescheduled for June 20th.