Vincent Anthony Mazzotta Jr. has pled responsible to conspiracy to hinder justice and cash laundering.
Mozzotta (proper), aka Vincent Midnight, Anthony, Delta Prime and Director Vinchenzo, was a central determine in Thoughts Capital and a number of other associated Ponzi schemes.
Mazotta is going through fifteen years imprisonment on the 2 costs. His plea and cooperation will see a really helpful discount however in the end that’s as much as a Decide.
Mazzotta’s responsible plea will see him forfeit $597,763, proceeds tied to his involvement in Thoughts Capital. A financial penalty can even be decided in some unspecified time in the future.
Thoughts Capital was an MLM crypto Ponzi that collapsed in 2021. Mazzotta and two accomplices, David Gilbert Saffron and David Kagel had been charged and in 2022 and 2023 respectively.
Kagel pled responsible in Could 2024 and was sentenced to 5 years probation in October 2024.
Mazzotta’s responsible plea was signed on June fifth and filed on June sixth. Court docket approval stays pending.
One of many clauses in Mazzotta’s responsible plea requires him to
cooperate totally with the US, the Inside Income Service – Prison Investigation, and, as directed by the US, another federal, state, native, or overseas prosecuting, enforcement, administrative, or regulatory authority.
It’s assumed this can be used as leverage in David Saffron’s case. Failing which, Saffron is scheduled to face trial on August twenty fifth, 2025.
