Leonardo Cositorto was convicted of fraud and criminal association after founding the Generation Zoe Ponzi.
About an hour ago, in a Goya courthouse, Cositorto’s verdict was delivered.
When Cositorto heard the verdict, he stood up, gestured to the presiding judge, and began yelling.
Cositorto (right) was swiftly removed from the court after a few seconds, and the proceedings resumed.
according to Infobae;
Judges Fernando Carbajal, Jorge Carbone, and Julio Duarte reached the conclusion that the primary defendant in the case was the organization’s head and a co-author of many scams.
Lucas Damian Camelino, Maximiliano Javier Batista, and Miguel Angel Echegaray were also convicted with him.
In the meanwhile, Javier Sebastian Medina and his brother Nicolas Ismael Medina were found not guilty.
In addition to Goya, Cositorto is dealing with criminal matters related to Generation Zoe in three additional Argentinean districts.
According to Cositorto’s guilty ruling, Goya might spend five to 10 years behind bars. Later today, sentencing is anticipated to be announced.
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