Forcount scammer Juan Antonio Tacuri Fajardo has pled guilty to conspiracy to commit wire fraud.

Following an initial not guilty plea, Tacuri changed his mind and pled guilty at a hearing held on June 5th.

Tacuri (right) is scheduled to be sentenced on September 24th, 2024. In the meantime, a June 7th Preliminary Order of Forfeiture details the money side of Tacuri’s expected judgment.

As per the June 7th order, Tacuri has consented to forfeiting

$3.6 million tied to his Forcount scamming; and

a five bedroom residential home in Orlando, Florida, purchased with stolen Forcount investor funds.

Forcount
was an MLM crypto Ponzi scheme launched in 2018. Tacuri, a top promoter of the scam, and several co-conspirators were
indicted
in 2022.

Tacuri is the first Forcount defendant to enter into a plea agreement. I expect we’ll be seeing more guilty pleas from the remaining four defendants.

The SEC also
filed fraud charges against Tacuri and three accomplices
in December 2022. The SEC’s civil fraud case has been stayed pending the outcome of criminal proceedings.

Update 29th September 2024 – 
Following a joint letter motion filed on September 4th, Tacuri’s sentencing has been rescheduled for October 15th, 2024.

Sentencing submissions from Tacuri and the DOJ were filed on September 20th and 27th respectively.

Update 28th October 2024 – 
Juan Tacuri has been
sentenced to twenty years in prison
.

🤖 Quick Answer

What crime did Juan Antonio Tacuri Fajardo plead guilty to?
Juan Antonio Tacuri Fajardo pleaded guilty to conspiracy to commit wire fraud related to the Forcount scheme. Initially entering a not guilty plea, Tacuri changed his position during a hearing held on June 5th, subsequently accepting responsibility for his involvement in the fraudulent conspiracy.

What assets must Juan Tacuri forfeit as part of his guilty plea?
According to a June 7th Preliminary Order of Forfeiture, Tacuri must forfeit $3.6 million connected to the Forcount scam and a five-bedroom residential property in Orlando, Florida, purchased using stolen investor funds from the fraudulent scheme.

What was Forcount and what was Tacuri's role in it?
Forcount was an MLM cryptocurrency Ponzi scheme established in 2018. Tac

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