by Matthew Russell Lee, Patreon Book Substack
SDNY EXCLUSIVE, June 6 – Craig Auringer who was indicted for a $100 million pump-and-dump stock fraud was extradited in from Milan and immediately released on his own signature, an ICE detainer that was mentioned suddenly disappearing.
Inner City Press was the only media there and live tweeted:
Craig Auringer was set to be presented here in SDNY Magistrates Court and argue for bail- but there's an ICE detainer. Now his lawyers are trying to make it go away. There's still a lot of rushing around about the ICE detainer - which Team Auringer seemed to be disbelieving or denying the existence of
DOJ previously said (no word on today's ICE detainer) that CRAIG AURINGER, a citizen of Canada who resided in the UK, participated in multiple “pump-and-dump” schemes including by coordinating stock promotion campaigns...
From whispered talk here in Mag court it appears they are agreeing to bail conditions with Auringer. But will he, like others are, be immediately picked up by ICE? His lawyers are looking at the courtroom clock. 4:15 pm...
Auringer has been brought out by US Marshals, in white dress shirt with collar. Lot of whispering about this defendant and his detainer. If he was arrested in Milan and extradited, why would he unlike others have release on bail agreed to?
Now AUSA and defense lawyer are being taken back into robing room.
They're back. All rise! Judge: Time of arrest?
AUSA: August 24. Judge: You are charges with 9 counts... AUSA: He shall be freed on $1 million bond, secured by $100,000 cash Defense: Those are the conditions we approved.
AUSA: He will be released today on his own signature. No mention of the ICE detainer which was waived around
Adjourned
By August 31 - six days later - the presentment and release of Craig Auringer was still not in the public docket of the case.
More on Substack here
Jump cut to March 29, 2024, in the Mag, thread:
OK - now in same case $100 million fraudster Craig Auringer was immediately released on in August 2023 (Inner City Press scoop), now co-D Ronald Bauer is to be presented, counsel chatting with AUSA. Inner City Press as only media here will live tweet, thread below
Bauer comes out from the holding cell in a suit jacket. His lawyer shows the AUSA what appears to be a bank check. All rise! Judge: Where was he arrested? AUSA: When he arrived at JFK airport.
AUSA: We've made notification to the United Kingdom. Judge: Your are changed with conspiracy to commit securities fraud, concealment money laundering. Defense: My client pleads not guilty to all charges. AUSA: We have agreed a bail package - a bond of $5 million
AUSA: To secured by $125,000 case, jewelry to his lawyer as bailee, and a property in Coconut Creek, Florida. Co-signed by Samantha Bauer and Martha Bauer. He can only travel to NJ, NJ, CT, MA and the UK - also FLA. Surrender UK and Canadian passports to lawyers
AUSA: Released today on his signature but cannot leave for the UK until the property is posted. Defense: He needs at least one passport today. He would like to go down to Florida, he needs his passport to get on the plane. AUSA: As long as the cash is posted
Judge: He'll get his Canadian passport, that's what we're saying? AUSA: Yes. Judge: No contact with co-defendants [from Inner City Press research, not only Craig Auringer but also Peter Mihaylov and Daniel Ferris - and more?]
On May 30 on Bauer, the US Attorney's Office wrote in and asked for an extra month for discovery, "to give the parties additional time to discuss a potential disposition of this matter."
More on X for Subscribers here & Substack here
The case is US v. Auringer, 22-cr-155 (Engelmayer)
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