Categories: Financial Scams

MLM Conspiracy Theory – Myron Golden, David Shands and Justin Owens – Go E1U Life



Financial Advisor Jayson Thornton, CFP — REACTS — to a Multi Level Marketing Conspiracy Theory involving Myron Golden, David Shands and Justin Owens. Go E1ULife

Defendants Allegedly Stole Over $40 Million in Investor Funds and Obstructed Justice

An 11-count indictment was unsealed today in federal court in Brooklyn charging Dwayne Golden, Gregory Aggesen, and Marquis Demacking Egerton, the owners and operators of the web-based virtual currency companies EmpowerCoin, ECoinPlus and Jet-Coin, with conspiracy to commit wire fraud and money laundering, and related substantive counts, in connection with a sophisticated scheme to steal assets from investors. Golden, Aggesen and William White were also charged with conspiracy to obstruct justice, obstructing justice and tampering with evidence.
The indictment further alleges that, from July 2017 to the present, Golden, Aggesen and White conspired to obstruct a Federal Trade Commission (“FTC”) investigation and a federal criminal grand jury investigation into the fraudulent schemes. Golden, Aggesen and White allegedly destroyed evidence, and White, on Aggesen’s behalf, provided false and misleading information to the FTC and in response to a federal grand jury subpoena.

The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. If convicted, the defendants face up to 20 years in prison.

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