Placeholder Banner Image


UNITED STATES ATTORNEY

SOUTHERN DISTRICT OF ILLINOIS

Re: United States v. NICHOLAS A. SMIRNOW, 10-M-6147-CJP

The United States Department of Justice believes it is important to keep victims of federal crime informed of court proceedings. This notice provides information about the above-referenced criminal case

Filing of Criminal Complaint

On Friday, May 28, 2010, a criminal complaint was filed against NICHOLAS A. SMIRNOW, 53, of Buck Estate, Alfonso, Davite, Philippines, formerly of Baysville, Ontario, Canada arising out of his operation of an internet investment scheme called “Pathway to Prosperity.” The complaint, the affidavit which describes the evidence in support of it and the press release describing the complaint can all be accessed through links on this page. The complaint alleges that Pathway to Prosperity was a massive international investment scam that promised unattainable and unrealistic investment returns. It further alleges that Pathway to Prosperity was a Ponzi scheme in which investors who received returns on their investments received, not legitimate earnings from legitimate investments, but investment funds contributed by later investments. The complaint alleges that there were few, if any, legitimate investments.

According to the complaint, Pathway to Prosperity victimized over 40,000 investors on 6 continents, as well as U.S. residents in 48 states.

Extradition

Shortly, a request will be submitted to the government of the Philippines for the extradition of SMIRNOW to the United States.

Supporting Documents

Affidavit | Complaint | Press Release

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Return to Top

USAO Homepage
USAO Briefing Room
Stay Connected: Visit us on Twitter
Red Ribbon Week October 23-31
Victim Witness

Click here for information in multiple victim cases.

Project Safe Neighborhoods

Our nation-wide commitment to reducing gun crime in America.

Law Enforcement Coordinating Committee

Training and seminars for Federal, State, and Local Law Enforcement Agencies.

Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

What Makes Schools Safer? Using science to discover what works. Federal funding available. Visit NIJ.gov, keywords: 'comprehensive school safety intiative'