US EditionLeonardo Cositorto Was Sentenced in Salta to 11 Years in Prison for Fraud and Illegal Association
21 Articles
21 Articles
Instead of staying in the hotel, a 60-year-old Vorarlberger now sits in prison for four years because of serious fraud "all inclusive". It's all over with the dream of the 24/7 hotel in Hohenems. In any case, for the former meat salesman who had been convicted several times. According to the prosecutor, the 60-year-old had initially signed a lease agreement for the vacant Hotel Schiffle in Hohenems and then placed orders for renovation work for …
The verdict was delivered by judges Martín Pérez, Javier Araníbar and Leonardo Gabriel Feans and was released this Friday. Generation leader Zoe was accused of committing 118 scams
Cositorto, leader of Generation Zoe, was accused of committing 118 scams that added up to a fraud of 776 million pesos.
Meanwhile, the exCEO of the false financial accumulates similar causes in Córdoba, Buenos Aires and Rosario. In all cases, the accusations coincide: to lead an illegal organization destined to capture funds under promises of impossible profitability, which only favored the organizers. In Rosario, Santa Fe, and in the Federal Justice Porteña, two other investigations remain open since 2022. In the city of Santafesina, the investigation on Generat…
The Justice of the Argentine province of Salta sentenced on Friday to eleven years in prison for repeated scams and illegal association to Leonardo Cositorto, leader of Generation Zoe, a pyramidal scheme that emerged in Argentina and affected several countries, including Spain, whose epicenter was in Elda.
After almost a month of debate, Judge Martín Pérez, together with the members Leonardo Feans and Javier Araníbar, members of Chamber 1 of the Trial Court, found Nelson Leonardo Cositorto guilty of the crime of unlawful association as head or organizer, and considered him responsible for frauds in the form of continuous crime, all in real competition, condemning him to 11 years of effective imprisonment. Ricardo Gabriel Isaac Vilardel and Jorge F…
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