Now the U.S. needs to forfeit tens of millions of dollar worth of his belongings.
The U.S. Legal professional in San Diego has filed a claim against Ramos’ financial institution accounts, investments and actual property holdings around the globe.
Ramos is ready to be sentenced in California subsequent month after pleading responsible final fall to a racketeering cost for aiding worldwide drug traffickers. On time, he agreed to a forfeiture of his valuable belongings.
On Tuesday, courtroom paperwork had been filed itemizing particular gadgets that might be a part of a forfeiture order, together with gold and silver cash, crypto foreign money, a Las Vegas condominium, and two Richmond properties.
The U.S. additionally needs “cash, funds and credit” from 30 completely different financial institution accounts linked to Ramos. Some are in his title and a few within the title of his Phantom Safe Encryption firm or different corporations he arranges.
There are native accounts in Coast Capital Financial savings, the Financial institution of Montreal, Scotiabank, and TD. There are six U.S. accounts within the Financial institution of America, plus one other in JP Morgan Chase. There are one other four accounts in banks in Hong Kong, two in China, two in Eire, one in Singapore and one within the United Arab Emirates.
For a few of the accounts, the U.S. Lawyer lists a selected greenback quantity. For others, the courtroom paperwork merely states that the U.S. desires all of the belongings throughout the report.
The U.S. additionally needs to maintain the contents of Ramos’s Beverly Hills’ vault together with $101,080 in U.S. forex, 19 gold Eagle cash, and seven gold Buffalo cash.
And the U.S. Legal professional desires objects in a security deposit field at JPMorgan Chase in Los Angeles, together with one other $86,450 U.S., 100 silver bricks, four Canadian $50 greenback cash, and four Mexican 50 Peso cash.
A considerable amount of crypto forex in Ramos accounts at nine completely different firms can be listed within the forfeiture utility.
Additionally, included is a one-bedroom apartment in a Las Vegas tower, $751,400 in proceeds from the sale of a Richmond home, and a hooked up lot offered final April for a complete of $1,550,000.
Although a total worth is just not listed for the property recognized within the forfeiture utility, the courtroom doc says the proceeds “shall be credited in opposition to the full forfeiture quantity of $80,000,000.”
As a part of his October plea deal, Ramos admitted that he and his associates helped distribute cocaine, heroin, and methamphetamine to places in Canada, the U.S., Australia, Mexico, Thailand and Europe.
Ramos, who lived along with his household in Richmond till his arrest in March 2018, maintained Phantom Safe servers in Panama and Hong Kong — hidden behind digital proxy servers — and even remotely wiped information from units seized by regulation enforcement.
Ramos and his co-conspirators would solely promote units to prospects who had a particular reference from a current buyer. And Ramos used digital currencies, together with bitcoin, to facilitate monetary transactions for Phantom Secure to protect customers’ anonymity and launder continues from Phantom Secure.