Usacomplaints.com » Shops, Products, Services » Complaint / Review: John Gray Mars Venus - Mars Venus CEO Rich Bernstein Found Guilty of Securities Fraud. #887879

Complaint / Review
John Gray Mars Venus
Mars Venus CEO Rich Bernstein Found Guilty of Securities Fraud

Rich Bernstein the CEO of John Gray's Mars Venus was sentenced on May 14 for Securities Fraud a felony. This is the 2nd Felony Conviction for Mr. Bernstein where he previously did time in Terminal Island Prison. Although John Gray came to Bernstein's defense to help exonerate him it had little effect during Bernstein's sentencing. This conviction comes on the heals after the arrest was uncovered of another executive of Mars Venus, Scott Lippitt who was criminally charged and convicted for attempting to have sex with a minor. Mr. Lippitt is now listed as a registered sex offender. The court minutes of Bernstein's arrest are below.

05/14

Sentencing (9:00 AM) (Judicial Officer Thompson, Charles)
Minutes

05/14 9:00 AM
- By virtue of his plea and by Order of this Court, DEFENDANT
BERNSTEIN ADJUDGED GUILTY of SECURITIES FRAUD (F). Statements by Mr. Segal, Defendant and Mr. Brown. COURT ORDERED, in addition to the $25 Administrative Assessment fee and $150 DNA Analysis fee including testing to determine genetic markers, DEFENDANT SENTENCED to the Nevada Department of Corrections for a MAXIMUM term of ONE HUNDRED TWENTY (120) MONTHS with a MINIMUM parole eligibility of FORTY-EIGHT (48) MONTHS and PAY $460,875.70 RESTITUTION; SUSPENDED; placed on PROBATION for an indeterminate period not to exceed FIVE (5) YEARS. Conditions: 1. Complete impulse control counseling. 2. Pay $460,875.70 restitution. Mr. Brown handed a check to Mr. Segal for the remainder of the restitution;now what is owed is $10,875.70 for investigative costs by the State of Nevada. 3. Sign a Civil Confession of Judgment for unpaid restitution. 4. Have no contact whatsoever with the victim or victims family. 5. Disclose this conviction to present/potential employers. 6. Submit to full and complete financial disclosure. 7. Comply with an imposed curfew by Parole and Probation as deemed necessary. 8. Submit to genetic markers testing and pay a $150 fee to the Clerk of the Court. 9. May not participate in any securities transaction, but may borrow money from a family member or financial institution. Defendant was directed to report to Parole and Probation today.

Mr. Gray used to refer to himself as a doctor until it was uncovered the only degree he has is a high school diploma. Today Mr. Gray continues to use convicted felons to promote his name and image and encourage others to invest in an array of products and services under the Mars Venus umbrella.


Offender: John Gray Mars Venus

Country: USA   State: California   City: Mill Valley
Address: 20 Sunnyside Ave
Phone: 4153815735
Site:

Category: Shops, Products, Services

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