Alex Dee has pled guilty to one count of conspiracy to commit wire fraud.
Dee’s guilty plea was entered on July 30th. Sentencing, including restitution is to be scheduled at a later date.
Earlier this year, Dee was one of three scammers
arrested in connection to 8 Figures Dream Lifestyle
.
Dee’s co-conspirators Brian Kaplan and Jerry Maurer have already pled guilty.
8 Figure Dream Lifestyle
was an MLM gifting pyramid scheme launched in 2017.
8 Figure Dream Lifestyle criminal charges follow civil regulatory action from the FTC in 2019. The FTC’s case was
settled for $31.9 million
in 2020.
At sentencing, Dee faces a maximum 20 year sentence, restitution and maximum $250,000 fine.
Part of Dee’s plea deal is a DOJ recommendation for a reduced sentence.
Update 19th December 2024 –
Alex Dee was
sentenced
on December 16th, 2024.
🤖 Quick Answer
What did Alex Dee plead guilty to in the 8 Figure Dream Lifestyle fraud case?Alex Dee pleaded guilty to one count of conspiracy to commit wire fraud on July 30th, 2024. The charge relates to his involvement in 8 Figure Dream Lifestyle, an MLM gifting pyramid scheme launched in 2017. He faces a maximum 20-year sentence, restitution, and a $250,000 fine at sentencing.
What was 8 Figure Dream Lifestyle and why was it shut down?
8 Figure Dream Lifestyle was a multilevel marketing gifting pyramid scheme launched in 2017. The Federal Trade Commission filed civil regulatory action against the scheme in 2019, resulting in a $31.9 million settlement in 2020. Criminal charges were subsequently brought against three individuals connected to the operation.
**Who were Alex Dee's co-conspirators
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