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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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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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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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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.
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Reditus will cease all testing as of this Friday. The company was placed into receivership in April.
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Reditus Labs CEO Aaron Rossi is out of jail after his bond was temporarily revoked for a failed drug test.