iComTech Ponzi promoter Gustavo Rodriguez has been sentenced to 8 years in prison.

Rodriguez’s sentencing follows
conviction by jury of conspiracy to commit wire fraud
back in March.

On the money side of things an October 31st preliminary order directs Rodriguez to pay $40,000, representing what he received through iComTech.

iComTech
was an MLM crypto Ponzi that collapsed in mid to late 2019.

Following their respective indictments, iComTech founder David Carmona, Rodriguez and four other iComTech defendants were
arrested
in 2022.

David Carmona was
sentenced to ten years in prison
in October 2024

Marco Ruiz-Ochoa was
sentenced to five years in prison
in January 2024

David Brend is scheduled to be sentenced on November 22nd, 2024

Moses Valdez’s status is unclear, there have been four sealed filings on his docket since April 30th, 2024

Juan Arellano was scheduled for sentencing on September 17th but his current status is also unclear (also four sealed filings since April 30th, 2024)

In addition to criminal charges, the CFTC also filed
civil iComTech related fraud charges
 in May 2023. The outcome of the CFTC’s iComTech lawsuit
remains pending
.

Update 19th March 2025 – 
A February 28th Amended Judgment has attached $789,218 in joint restitution to Gustavo Rodriguez’s sentence.

Brend is jointly liable for the restitution amount with co-defendants David Carmona and David Brend.

🤖 Quick Answer

Who is Gustavo Rodriguez and what was his crime?
Gustavo Rodriguez was a promoter of iComTech, an MLM cryptocurrency Ponzi scheme that collapsed in 2019. He was convicted by jury of conspiracy to commit wire fraud in March 2024 and sentenced to eight years in prison.

What was iComTech?
iComTech was a multi-level marketing cryptocurrency Ponzi scheme that operated until its collapse in mid to late 2019. The scheme involved fraudulent investment promises and affected numerous participants before authorities intervened.

How much restitution must Rodriguez pay?
According to an October 31st preliminary court order, Gustavo Rodriguez must pay $40,000 in restitution, representing the amount he personally received through his involvement with the iComTech scheme.

What happened to other iComTech defendants?
iComTech founder

🔗 Related Articles

- David Carmona cops $789K iComTech restitution, $3.7M forfeiture
- iComTech’s David Brend sentenced to 10 years prison
- iComTech’s David Brend & Gustavo Rodriguez found guilty
- Kuailian collapses, blames “market conditions” & victims
- GetEasy ringleaders arrested in Spain