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Former Reditus CEO Aaron Rossi pleaded guilty Tuesday to two of nine counts of federal tax and mail fraud.
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Former Reditus Laboratories CEO Aaron Rossi is set to change his plea on Tuesday in his federal tax and mail fraud case.
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Chief Judge Sara Darrow on Sept. 5 ordered Rossi to remain in custody after prosecutors alleged he sold off nearly $5 million worth of assets without the court's permission, as the conditions of his release required.
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Former Reditus Labs CEO Aaron Rossi is set to remain in custody until a December trial where he faces federal charges of mail fraud and tax fraud.
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Former Reditus CEO Aaron Rossi appeared in federal court Friday morning, after officials allege he once again violated the terms of his release.
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The government has unsealed two major civil actions against former Reditus CEO Aaron Rossi and his business partners, alleging a multimillion-dollar billing fraud scheme during the COVID pandemic.
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The court-appointed receiver hired to oversee Reditus Labs is asking for a judge’s permission to sue former CEO Aaron Rossi and other company insiders, hoping to claw back over $100 million in allegedly misappropriated funds.
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Attorneys for embattled former Reditus Laboratories CEO Aaron Rossi say they've complied with a government demand to claw back or destroy the sealed federal discovery materials that Rossi shared in a Tazewell County civil case.
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Newly unsealed documents in the Reditus lawsuits point to a federal investigation that’s still very much active – and that former CEO Aaron Rossi’s business partners accuse him of stealing or squandering over $100 million in company money as profits soared during the pandemic.
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Former Reditus Laboratories CEO Aaron Rossi must wear a GPS monitoring bracelet and adhere to a curfew after an agreement that it could be proven he tested positive for meth on five separate occasions.