One last delay in the uFun Club Ponzi case in Samoa, as prosecutors work to finalize their case against uFun Club investor Nicolas Giannos.

Giannos was
arrested
earlier this month, as he attempted to flee Samoa with Rosita Stanfield (another uFun Club investor).

The two had been
marketing uFun Club in Samoa
 since early May, with an attempt to transfer over $100,000 out of the country alerting authorities to their conduct.

The case being but together by prosecutors against Giannos and Stanfield continues to grow, as more and more Samoan uFun Club victims present themselves to authorities.

At a hearing held on Monday the 22nd, prosecutors handling the case asked for more time. They claim there are ‘
additional charges yet to be finalized
‘.

The request was granted, however  Chief Justice Patū Tiava’asu’e Falefatu Sapolu stated it ‘
would be the final adjournment
‘.

If this matter is called again and prosecution has not finalize the charges, the Court will go ahead with information already before the Court.

Lawyers for the accused had requested bail conditions be relaxed in the interim. The request was denied, with Nicolas Giannos (right) reported to have shaken ‘
his head in disappointment
‘ as the decision was handed down.

As such Giannos, Stanfield and an unidentified 74-year-old pastor, will continue to have to ‘
sign in at the police station twice a week
‘. Their travel documents (including passports) have also been seized.

The case has been adjourned again till next Monday…

🤖 Quick Answer

What is the current status of the uFun Club Ponzi scheme case in Samoa?
Prosecutors requested additional time to finalize charges against Nicolas Giannos and Rosita Stanfield, arrested for operating the uFun Club investment scheme. The hearing granted the extension as more victims come forward. Authorities are investigating the illegal transfer of over $100,000 and fraudulent marketing activities conducted since May.

Who were the main suspects arrested in the Samoan uFun Club case?
Nicolas Giannos and Rosita Stanfield were apprehended while attempting to flee Samoa with illicit funds. Both had been actively marketing uFun Club to Samoan investors since early May, deceiving victims through a Ponzi scheme structure that promised returns but defrauded participants.

What prompted authorities to investigate uFun Club activities in Samoa?
Authorities became alert when

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