by Matthew Russell Lee, Patreon Book Substack
SDNY COURTHOUSE, March 14 – For a scheme to rob $10 million from banks and move it to foreign cryptocurrency exchanges, Fei Jiang and two others were indicted and presented on November 16, 2023.
Fei Jiang was ordered free on $50,000 bond in the U.S. District Court for the Southern District of New York Magistrates Court. Inner City Press was there, the only media in the SDNY Mag Court.
Magistrate Judge Robert W. Lehrburger said that if Pre-Trial Services does not find Jiang's resident appropriate, his release may be revisited.
The AUSA added that his GPS should include an exclusion for area airports including Atlantic City and Teterboro. The other defendants are Naifeng Xu (presented in Oklahoma) and Zhong Shi Gao, freed on bond in SDNY.
On November 20, Naifeng Xu was in the SDNY Mag court, and so again was Inner City Press. He too was released on bond.
Jump cut to January 15, 2025, when the trial date was pushed back to September 8: "Defendants Fei Jiang, Tommy Lin and Henry Yau arraigned on Superseding Indictment S8 23 CR 572 (CM) defendants plead NOT guilty. Court sets motion schedule for defendant Henry Yau: Defendant's motions are to be filed by March 14, 2025; Government's response due April 4, 2025; and defendant's reply by April 17, 2025 The trial of this case, previously scheduled for May 12, 2025, is adjourned to September 8, 2025, at 9:30 a.m. The case is adjourned to May 1, 2025, at 2:00 p.m., for a status conference."
On March 14 co-defendant Lin pled guilty before Magistrate Judge Sarah Netburn, with sentencing control date set at June 12.
The case is USA v. Gao, at el., 1:23-cr-572 (McMahon)
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