Infinity2Global Ponzi scammers Richard Maike and Doyce Barnes have been denied appeals on their respective convictions.
In a fourteen page published opinion by the Sixth Circuit, the US Court of Appeals found;
At trial, the government presented abundant proof that the defendants knowingly participated in (and in Maike’s case devised) a fraudulent scheme.
The government presented overwhelming evidence that the defendants employed that plan to deprive others—namely,
lower-level distributors—of money by means of lies and fraudulent representations.
For example, Barnes’s projections of the company’s revenue were based 100% on payments from distributors, with zero projected income from outside sources.
Maike lied to prospective recruits about the casino’s monthly profits; and after monthly payouts to Emperors dropped to circa $17 per month and stayed there, the reality (a jury could easily infer) was that these defendants knew that Emperors would not recoup their investments from casino revenues.
Maike also lied about the company having been offered $100 million for the Touch software alone.
[I2G] yielded more than $34 million in revenue for the company, nearly all of it extracted from the participants themselves; 96% of participants lost money; and the defendants themselves reaped millions.
The evidence therefore allowed the jury to infer not only that these defendants knowingly and voluntarily agreed to participate in a fraudulent scheme—namely a pyramid scheme—but that they actually did so, thereby obtaining millions of dollars in profits for themselves. The government presented sufficient evidence for the jury to convict these defendants of conspiracy to commit mail fraud.
On whether or not the Emperor Packages I2G offered were securities, and therefore Maike (right) and Barnes committed securities fraud;
The jury had ample grounds to find that the Emperor packages were securities and thus that the defendants were guilty of conspiracy to commit securities fraud.
Consequently, the Sixth Circuit concluded
the criminal judgments of Maike and Barnes are affirmed.
Richard Maike (right), as owner of the Infinity2Global Ponzi scheme, was
sentenced to ten years in prison
in December 2022.
Doyce Barnes, as I2G’s Vice President of Sales, was
sentenced to four years in prison
in December 2022.
Ordered restitution between Maike and Barnes
topped $10.4 million
in June 2023.
🤖 Quick Answer
What happened to Richard Maike and Doyce Barnes in their Infinity2Global Ponzi scheme appeal?The United States Court of Appeals for the Sixth Circuit denied the appeals of Richard Maike and Doyce Barnes, upholding their respective fraud convictions related to the Infinity2Global Ponzi scheme. In a fourteen-page published opinion, the court found overwhelming evidence that both defendants knowingly participated in a fraudulent scheme designed to deprive lower-level distributors of money through lies and fraudulent representations.
What evidence did the court cite against Maike and Barnes in the Infinity2Global case?
The Sixth Circuit highlighted that Doyce Barnes's revenue projections relied entirely on payments from distributors, with zero projected income from outside sources. Richard Maike was found to have lied to prospective recruits about the casino's monthly profits. The government presented abundant proof of knowing participation in the
📰 Aggiornamenti e Notizie Correlate
(aggiornato al 17/04/2026)1. Disbarred Attorney Defrauded Clients Out Of Over $4.2M - Dealbreaker — Wed, 14 Jan 2026 19:00:00 GMT
Disbarred Attorney Defrauded Clients Out Of Over $4.2M. While the occasional attorney risks their license for a huge payout with no consequence, most of them can’t outrun the law for too long. Justice finally caught up to an attorney who frauded her clients out of millions. > A disbarred Rockville…
2. Real Estate ‘Finfluencer’ Gets 6 Years in Prison for $20 Million Ponzi Scam - Realtor.com — Tue, 14 Apr 2026 18:56:45 GMT
Real Estate ‘Finfluencer’ Gets 6 Years in Prison for $20 Million Ponzi Scam. Tyler Bossetti, a 31-year-old from Columbus, OH, was sentenced on Friday to six years in federal prison for orchestrating a multimillion-dollar real estate Ponzi scheme to cheat investors in his "Boss Lifestyle" inves…
3. Ponzi schemer whose sentence got commuted by Trump is headed back to prison over $44M COVID-19 scam - New York Post — Sat, 22 Nov 2025 16:33:03 GMT
Ponzi schemer whose sentence got commuted by Trump is headed back to prison over $44M COVID-19 scam A convicted New Jersey Ponzi schemer who was sprung from prison after a pardon from President Trump during his first term is headed back to the slammer for running yet another scam. Prosecutors accu…
4. FBI Fleeing Fugitive Scoots Underwater from Ponzi to Pond w/ Kyle Gordon - iHeart — Tue, 22 Jul 2025 06:59:23 GMT
FBI Fleeing Fugitive Scoots Underwater from Ponzi to Pond w/ Kyle Gordon - Scam Goddess | iHeart ### FBI Fleeing Fugitive Scoots Underwater from Ponzi to Pond w/ Kyle Gordon This week, Laci welcomes Kyle Gordon _(The Simpsons, Kyle Gordon Is Great)_ togiggle over Matthew Piercey, who ran a $35 milli…5. "Judge Shuts Down Crypto Fraud, Orders $228M Returned to Trust-Exploited Investors" - AInvest — Wed, 20 Aug 2025 10:26:50 GMT
- A U.S. judge ordered Eddy Alexandre and EminiFX to pay $228.5M in restitution for a crypto Ponzi scheme defrauding 25,000+ investors via fake 5-9.99% AI return promises. A federal judge in New York has ordered Eddy Alexandre and his company EminiFX to pay $228.5 million in restitution to victims o…6. Freed by Trump, a $200 Million Fraudster Started a New Scam - Bloomberg.com — Tue, 02 Dec 2025 22:00:25 GMT
“I finagled, and Ponzied, and lied to people to cover us.” — Mike Konig / Eli Weinstein, in a conversation secretly recorded by Chris Anderson and Richard Curry that was played at trial In July 2023, the Justice Department criminally charged Weinstein, Bromberg, Anderson, Curry, Hattab and Wittels…
🔗 Related Articles
- Zionix Global Ponzi to reboot for third time
- Coinplex Ponzi collapses, initiates MiCA exit-scam
- De Spend Review: DSG token staking node Ponzi
- Kristijan Krstic hit with second superseding indictment
- ABQTBOT Review: Quantitative trading “click a button” Ponzi