| Stock
Fraudster
Craig Auringer
Freed in SDNY
Now Bauer
Pleads Guilty
Sentencing in
May
by
Matthew Russell Lee, Patreon Book
Substack
SDNY EXCLUSIVE,
Nov 4 – Craig
Auringer who
was indicted
for a $100
million
pump-and-dump
stock fraud
was extradited
in from Milan
and
immediately
released on
his own
signature, an
ICE detainer
that was
mentioned
suddenly
disappearing.
Inner
City Press was
the only media
there and live
tweeted:
Craig
Auringer was
set to be
presented here
in SDNY
Magistrates
Court and
argue for
bail- but
there's an ICE
detainer. Now
his lawyers
are trying to
make it go
away.
There's still
a lot of
rushing around
about the ICE
detainer -
which Team
Auringer
seemed to be
disbelieving
or denying the
existence of
DOJ
previously
said (no word
on today's ICE
detainer) that
CRAIG
AURINGER, a
citizen of
Canada who
resided in the
UK,
participated
in multiple
“pump-and-dump”
schemes
including by
coordinating
stock
promotion
campaigns...
From
whispered talk
here in Mag
court it
appears they
are agreeing
to bail
conditions
with Auringer.
But will he,
like others
are, be
immediately
picked up by
ICE? His
lawyers are
looking at the
courtroom
clock. 4:15
pm...
Auringer
has been
brought out by
US Marshals,
in white dress
shirt with
collar. Lot of
whispering
about this
defendant and
his detainer.
If he was
arrested in
Milan and
extradited,
why would he
unlike others
have release
on bail agreed
to?
Now
AUSA and
defense lawyer
are being
taken back
into robing
room.
They're
back. All
rise! Judge:
Time of
arrest?
AUSA:
August 24.
Judge: You are
charges with 9
counts...
AUSA: He shall
be freed on $1
million bond,
secured by
$100,000
cash
Defense: Those
are the
conditions we
approved.
AUSA:
He will be
released today
on his own
signature.
No mention of
the ICE
detainer which
was waived
around
Adjourned
By
August 31 -
six days later
- the
presentment
and release of
Craig Auringer
was still not
in the public
docket of the
case.
More
on Substack here
Jump
cut to March
29, 2024, in
the Mag, thread:
OK
- now in same
case $100
million
fraudster
Craig Auringer
was
immediately
released on in
August 2023
(Inner City
Press scoop),
now co-D
Ronald Bauer
is to be
presented,
counsel
chatting with
AUSA. Inner
City Press as
only media
here will live
tweet, thread
below
Bauer
comes out from
the holding
cell in a suit
jacket. His
lawyer shows
the AUSA what
appears to be
a bank check.
All rise!
Judge: Where
was he
arrested?
AUSA: When he
arrived at JFK
airport.
AUSA:
We've made
notification
to the United
Kingdom.
Judge: Your
are changed
with
conspiracy to
commit
securities
fraud,
concealment
money
laundering.
Defense: My
client pleads
not guilty to
all charges.
AUSA: We have
agreed a bail
package - a
bond of $5
million
AUSA:
To secured by
$125,000 case,
jewelry to his
lawyer as
bailee, and a
property in
Coconut Creek,
Florida.
Co-signed by
Samantha Bauer
and Martha
Bauer. He can
only travel to
NJ, NJ, CT, MA
and the UK -
also FLA.
Surrender UK
and Canadian
passports to
lawyers
AUSA:
Released today
on his
signature but
cannot leave
for the UK
until the
property is
posted.
Defense: He
needs at least
one passport
today. He
would like to
go down to
Florida, he
needs his
passport to
get on the
plane. AUSA:
As long as the
cash is posted
Judge:
He'll get his
Canadian
passport,
that's what
we're saying?
AUSA:
Yes.
Judge: No
contact with
co-defendants
[from Inner
City Press
research, not
only Craig
Auringer but
also Peter
Mihaylov and
Daniel Ferris
- and more?]
On
May 30 on
Bauer, the US
Attorney's
Office wrote
in and asked
for an extra
month for
discovery, "to
give the
parties
additional
time to
discuss a
potential
disposition of
this matter."
On
October 30,
Judge
Engelmayer
docketed this:
"SCHEDULING
ORDER as to
Ronald Bauer:
The Court has
been advised
that the
defendant may
want to enter
a change of
plea."
On
November 4
"RONALD BAUER
pled guilty to
conspiring to
commit
securities
fraud in
connection
with his role
in a
long-running
“pump-and-dump”
stock
manipulation
scheme.
BAUER pled
guilty before
U.S. District
Judge Paul A.
Engelmayer and
is scheduled
to be
sentenced on
May 20, 2025."
More
on X for
Subscribers here
& Substack
here
The
case is US v.
Auringer,
22-cr-155
(Engelmayer)
***
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