Sann Rodrigues a motivational speaker and author?
Remember that brief but weird “tell all” video phase Sann Rodrigues went through last month?
Turns out it might have all just been a preliminary marketing pitch for upcoming Rodrigues-branded products.
In a court filing dated January 13th Rodrigues (right) claims that, prior to the SEC’s civil case against him, he was ‘the sole provider for his wife and two minor children‘.
Rodrigues goes on to state that he is currently unemployed and supporting ‘himself and his family by virtue of financial contributions provided to him by his friends and family members‘.
Mr. Rodrigues is not able to be gainfully employed or earn a living without violating the Preliminary Injunction as it prohibits him from opening up a bank account.
Looking to change his current financial circumstances, Rodrigues filing claims he’s ‘created several motivational and instructional videos as well as written a book.‘
Just one problem though… without a functioning bank account Rodrigues has no way of selling them.
So that Mr. Rodrigues may work and begin to earn money, he will need to open a new and separate bank account to deposit money earned from the sales of his videos and books. Money that is unrelated to TelexFree, Inc.
This new account would need to be exempt from the asset freeze so that Mr. Rodrigues may freely deposit and spend the money for living expenses and other household necessities deposited into the account.
Rodrigues also claims that some of the raised funds will be used ‘to pay the monthly installments under the proposed payment plan to the Securities and Exchange Commission‘.
To that end the SEC have assented to Rodrigues’ request.
But I have to say, the top investor in one of the largest MLM Ponzi schemes to date, who immediately began ripping people off in iFreeX after he was busted, and has since been arrested for visa fraud… is releasing “motivational and instructional videos” and a book?
What the hell?
What on Earth could Rodrigues possibly hope to motivate or instruct people to do?
“Hay guys, this is Sann Rodrigues here and today I’m going to teach you how to get busted for Ponzi and visa fraud.
Step by step I’ll walk you through everything you need to know to follow in my footsteps. And all for just $thesumtotalrodriguesowestheSEC.
What a steal! (no pun intended)”
And just who is buying these videos and book!? I know Rodrigues has a bit of a cult following in Portuguese speaking circles… but cmon, they still haven’t woken up yet?
WHO ARE THESE PEOPLE?!?
Rodrigues’ motion stands before the court awaiting a decision. Stay tuned…
Footnote: Our thanks to Don@ASDUpdates for providing a copy of Rodrigues’ January 13th “Motion To Modify Preliminary Injunction Order And Asset Freeze”.
Update 20th January 2016 – On January 15th Judge Morton denied Rodrigues’ motion and simultaneously remanded him to the custody of US Marshals.
according to the last court order which found rodrigues in contempt of court, the court had instructed rodrigues to fulfill the following conditions by jan 15th, or be put back in jail:
rodrigues new business plan to sell motivational videos and books seems to be a ploy to keep his ass out of jail, by promising ‘to pay the monthly installments under the proposed payment plan to the Securities and Exchange Commission‘.
so, basically rodrigues is suggesting that he can pay hundreds of thousands of dollars to the SEC via selling motivational videos.
there is no way rodrigues can generate such large amounts of money by retail of his videos/book.
he will probably launch a pyramid scheme in brazil or something, selling his stuff, away from US regulators to collect funds.
Wasn’t he crapping on about how fast his webinar filled up? It was a few thousand capacity from memory.
If he sold each of those suckers $100 to $200 in garbage that’s a bit of coin…
The details of the new account have to be submitted to the SEC. So if the balance blows up due to offshore shenanigans, it’s going to be pretty obvious.
according to deigo on another thread:
i don’t believe that over 80,000 people attended/subscribed to his webinar.
a rodrigues video about ifreex in 2015 had approx 700 views.
a rodrigues video about telexfree in 2014 had approx 4000 views.
sann rodrigues is just lying about his webinar attendance.
I was hopeful for a cooking show.. Sopes with Sann or similar.
I would have given about $3.50 for that episode.
Anjali was right on the money:
Rodrigues is going to make $2,372,515 in book and video sales? Who does this guy think he is???
And I don’t like the sound of “all other sources of employment income”. Something smells fishy.
What is interesting to me is that he is only going to be paying the SEC 20% of the money earned from his books and videos sales. It is going to take him a long, long time to pay them $474,503. Way too much time to skip or start up a new scam where the US does not have extradition capability.
I can see the marketing campaign now for his books and videos:
Buy my books and videos and I will teach you how you too can become a successful criminal like me.
This is all smoke and mirrors so he can avoid jail and get out of dodge as fast as he can before the Feds know he is gone.
if he needs coin, he should downsize his living quarters. but we can’t put a cramp on a scammer’s lifestyle can we.