Update 3/13/09:
On March 10, 2009, a federal grand jury in Miami, Florida, returned a 16-count conspiracy, mail fraud, and wire fraud indictment against Sirtaj Mathauda, a British citizen operating out of Costa Rica. The indictment alleges that from June 2004 through January 2009, Mathauda and others conspired to sell fraudulent business opportunities to U.S. citizens.
For additional information, see the Department of Justice Press Release dated March 11, 2009.
Charges in an indictment are only allegations, and the defendant is presumed innocent unless and until proven guilty.
Update 3/26/09:
No change in status.
Update 6/25/09
On June 9, 2009, a federal grand jury in Miami returned an 18-count superseding indictment against Sirtaj Mathauda and Dilraj Mathauda. The superseding indictment alleges largely the same charges against Sirtaj Mathauda, and adds Dilraj Mathauda as a defendant.
Update 8/4/2009:
On July 30, 2009, Dilraj Mathauda was arrested in Miami based on the charges against him in the June 9, 2009, superseding indictment. He returned to the United States voluntarily to face the pending charges. At his initial appearance on July 31, the Court ordered him released with conditions that included home confinement at a specific residence in the Southern District of Florida, wearing an electronic monitoring bracelet, surrender of all travel documents including passport, and a bond.
For additional information, see the Department of Justice Press Release dated July 31, 2009.