With a July 2nd show cause deadline looming, Troy Barnes has written to the court in an attempt to explain himself.
Barnes fell foul of the court for having thus far failed to participate in the SEC’s civil case against him.
As such a warning was issued
directing Barnes to show cause
by July 2nd. In his response, the court expected Barnes to explain why he was not present at a June 3rd status conference, and why he should not be held in contempt.
In a handwritten letter dated June 22nd, Barnes submitted his response.
The exact nature of care Barnes’ son receives is unclear, but his hospitalization on May 5th is cited as the primary reason Barnes failed to appear.
Barnes claims his son has Asperger’s Syndrome and MoyaMoya disease, with brain surgery performed three years ago affecting his mental health.
Barnes’ doesn’t clarify how exactly his son’s hospitalization prevented him from attending the June 2nd hearing, but he does lay out his current predicament:
I don’t have counsel and can’t afford it.
I would like to explain that I am guilty of being ignorant in this case. Please I want to do what’s right.
It (sic) hard to do anything when you don’t understand anything of the law and have no counsel.
Thank you and I will do everything I can to move forward in helping this case.
I would prove that I am very guilty of being ignorant but still I want to do the right thing.
Ignorance as a defense? That’s probably not going to go down well.
In
a missive penned by Barnes
back in January, Achieve Community investors were told:
Let’s keep Achieve to ourselves. If you have been put in an Unofficial group or page please take yourself OUT of them and if they are bad report them.
The Achieve Community is going to pay out Millions and we will all be enjoying our families and friends In style soon.
Please stay off of Facebook and the social media when it comes to our Community. Karma will take care of all those bad people and you will have Opportunity to watch them eat their words.
A month later
the SEC shut Achieve Community down
.
As far as I know a previously scheduled hearing is still set to take place on July 7th.
Presumably Barnes will be in attendance. Stay tuned…
Footnote:
Our thanks to Don@ASDUpdates for providing a copy of Troy Barnes’ June 22nd handwritten show cause letter.
🤖 Quick Answer
Why did Troy Barnes miss the June 3rd status conference?Troy Barnes cited his son's hospitalization as the primary reason for his absence. His son, who has Asperger's Syndrome and MoyaMoya disease and underwent brain surgery three years prior, was hospitalized on May 5th, necessitating Barnes's care and attention during the critical period.
What legal consequence did Barnes face for non-participation?
The court issued a show cause order directing Barnes to appear by July 2nd and explain his failure to participate in the SEC's civil case. He was required to justify his absence and demonstrate why he should not be held in contempt of court.
How did Barnes respond to the court's directive?
Barnes submitted a handwritten letter dated June 22nd responding to the show cause order. In his response, he explained his circumstances regarding his son's medical condition and hospitalization as justification for his non
🔗 Related Articles
- USFIA Receiver recovers $20.4 million
- Michael Faust’s Project Lantern Ponzi collapses
- Serial scammer claims Achieve Community Ponzi ignorance
- Kuvera Global Review: Investview still flaunting securities in front of SEC
- NovaTech FX’s Petions may be hiding in Dubai, says SEC
