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Commodities Fraudster Fabio Bretas de Freitas Gets Time Served Sentence In SDNY

By Matthew Russell Lee

SDNY COURTHOUSE, Feb 29 – When Fabio Bretas de Freitas came to plead guilty on August 8 he was supposed to have a Portuguese interpreter in the U.S. District Court for the Southern District of New York courtroom of Judge Laura Taylor Swain. But the interpreter never came, and the defendant in sometimes halting English proceeded with his plea.

  With a plea agreement for 97 to 121 months and a forfeiture of over $5 million the defendant was surprisingly upbeat. Perhaps he has an inkling that he will serve less time, or be deported or removed before serving much more time as sometimes happens (he is not a US citizen). The US Attorney's Office promoted the proceeding but Inner City Press was the only media in the courtroom that day.

 On February 25, 2020 Inner City Press went to the sentencing of Bretas de Freitas. After lengthy discussion of his various medical issues, he was given a time served sentence -- released: "ORDERED that pursuant to sentence of time served imposed today, the defendant Fabio Bretas De Freitas is discharged from the custody of the U.S. Marshals Service. SO ORDERED. Dated: New York, New York February 25, 2020 ~LOR SWAIN United States District Judge." The case is US v. Bretas De Freitas, 19-cr-257 (Swain). Watch this site.

 Inner City Press will have more on this - see also @InnerCityPress and the new @SDNYLIVE.

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