Originally Syndicated on June 8, 2024 @ 2:02 pm
8 Figure Dream Lifestyle was an MLM gifting pyramid scheme launched in 2017.
Alex Dee, one of three scammers arrested in connection to the 8 Figures Dream Lifestyle has pled guilty to committing wire fraud on July 30th 2024. Sentencing, including restitution is to be scheduled at a later.
His co-conspirators Brian Kaplan and Jerry Maurer had already pled guilty. 8 Figure Dream Lifestyle criminal charges follow civil regulatory action from the FTC in 2019. The FTC’s case was settled for $31.9 million in 2020.
At sentencing, Dee faces a maximum 20 year sentence, restitution and maximum $250,000 fine. Dee has also plead deal for a DOJ recommendation for a reduced sentence.