By Matthew Russell Lee, Patreon Maxwell Book
BBC - Honduras - CIA Trial Book - NY Mag
SDNY COURTHOUSE, August 17 – Fraudster Robert Bernardi pled guilty on August 17 to securities fraud, bank fraud and wire fraud - but not aggravated identity theft - in connection with bankrupt email security company GigaMedia Access Corporation.
Inner City Press live tweeted his change of plea, here and below. Immediately after the plea, his co-defendants has a pre-trial proceeding. They are going forward, at least for now.
The proceedings were before U.S. District Court for the Southern District of New York Judge Paul G. Gardephe. He ran through the elements; the AUSA asked that he specify the the wire fraud involved a bank. Inner City Press understands the bank that asked for the $10 million deposit to be Bank of America. He pled to 121 months, plea agreement on Inner City Press' DocumentCloud here.
The thread:
Judge Gardephe : it's securities fraud, bank fraud, and wire fraud, 30 year max. I have a copy of the plea agreement, 121 months or less, you can't appeal.
Bernardi: Beginning in 2016 we began to use false GigaTrust financial statements. A bank demanded a $10 million deposit. I used wires to lie.
Sentencing is Dec 15, 2 pm.
Update: Same case, Bernardi's co-defendants Nihat Cardak and Sunil Chandra will be proceeding to trial, at least for now.
Chandra has been permitted to phone in to this proceeding. Does that mean we can / could?
The case is US v. Bernardi, et al., 21-cr-616 (Gardephe)
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