Joseph Cammarata, the former CEO of Investview, has been charged with a superseding indictment.
Dated September 8th, the indictment adds wire fraud and money laundering counts to Cammarata’s alleged criminal history.
The previous indictment against Cammarata included one allegation of conspiracy, whereas the new charge includes twelve counts of fraud.
one count of conspiracy to commit mail and wire fraud
four charges of electronic fraud
one count of conspiracy to launder money and
six charges of money laundering are charged
General accusations against Cammarata (right) remain the same, namely that he and two co-conspirators submitted fraudulent recovery claims in SEC securities fraud settlements.
The claims were submitted via Cammarata’s business, Alpha Plus Recovery. Once received, monies were laundered through many bank accounts in the United States.
Four sealed documents accompanying Cammarata’s superseding indictment are noteworthy. I have no idea what these documents deal with.
The arrest of Cammarata occurred in November 2021. After an unsuccessful effort to depart the United States, he was returned to detention earlier this year.
Officially, Cammarata’s incarceration was for “alien smuggling.”
There is probable reason to suspect that the defendant, Joseph Cammarata, committed the federal offense of immigrant smuggling while on release.
There is abundant and compelling evidence that the defendant has broken the terms of his release.
It is more likely than not that the defendant will not comply with any condition or combination of conditions of release.
The smuggling involved Cammarata’s girlfriend, whom he helped illegally enter the United States while on parole.
In July, Cammarata suffered a nervous breakdown and requested a bail hearing to be released from jail once more.
The DOJ filed an emergency application on September 14 demanding that Cammarata’s bail hearing be reopened.
I his request for a second release from imprisonment, Cammarata refuted the claims made by the Department of Justice.
This is from the DOJ’s emergency motion filed on September 14;
In its supplemental brief filed after the hearing on September 1, 2022, the defense ridiculed the government’s assertion that Cammarata smuggled his foreign-born fiancée into the United States while on pretrial release.
The government has no clear evidence that Mr. Cammarata assisted Ms. Beltran in January 2022 to enter the United States in violation of the terms of his parole.
“New evidence” is what triggered the DOJ’s emergency move.
Cammarata violated the law by sneaking his girlfriend into the United States while he was out on bail, according to fresh evidence uncovered by the government refuting the defendant’s arguments to the court.
What is the evidence?
a June 27th recorded phone between Cammarata and his fiancée, in which he “said that he was in jail because he wanted to see her and acknowledged that ‘I never should’ve brought you to the country'”; and
The unidentified witness stated that “he transferred (Cammarata’s) girlfriend by boat from the Bahamas to the United States in June 2021 and January 2022 at (Cammarata’s) command.”
The day following the filing of the DOJ’s emergency motion, the court dismissed further hearings of Cammarata’s move for reconsideration.
This Court revoked Mr. Cammarata’s bail on March 10, 2022, after concluding that there was probable cause to conclude that he committed a federal crime while out on pre-trial release, that there was clear and convincing evidence that he violated his conditions of release, and that there was a preponderance of the evidence that he was unlikely to comply with any condition or combination of conditions of release.
This Court concludes that Mr. Cammarata has failed to offer any new information bearing materially on the question of whether there are conditions of release that will fairly guarantee his mandatory attendance.
In contrast, the court is less confident than it was at the bail revocation hearing on March 10, 2022, that Mr. Cammarata will appear for future cases or comply with any set of restrictions if freed.
Cammarata told the court on September 22 that he had filed an appeal against the ruling.
In light of the existing evidence and the additional information presented by the Department of Justice, we expect Cammarata’s appeal to fail.
On September 23, Cammarata was arraigned on a superseding indictment. Cammarata pleaded not guilty to every charge.
Although Investview is not implicated in Cammarata’s Alpha Plus Recovery scam, Cammarata was CEO of Investview, the owner of MLM business iGenius, during the alleged fraudulent activity.
BehindMLM asserts that Investview has committed and continues to perpetrate securities fraud via iGenius and its former corporate names.
Update, 5th October 2022: On October 4, Cammarata’s plea for pre-trial release was dismissed.