Inner City Press

In Other Media-eg New Statesman, AJE, FP, Georgia, NYTAzerbaijan, CSM Click here to contact us     .

These reports are usually available through Google News and on Lexis-Nexis

Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis


(FP Twitterati 100, 2013)

ICP on YouTube

More: InnerCityPro
Sept 24, 2013

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

Ruless Pierre Was Convicted of Securities Fraud Now Asks To Push Oct 15 Sentencing 45 Days

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Sept 27 – Ruless Pierre was convicted of securities fraud and embezzlement. Inner City Press covered the trial, see below.

 On June 10, his Simpson Thacher CJA lawyers  moved for acquittal, arguing that the "Amongst Friends Promissory Notes" were not securities.

On August 4, Pierre's sentencing was pushed back to October 15: "MEMO ENDORSEMENT as to Ruless Pierre on [82] LETTER MOTION addressed to Judge Sidney H. Stein from Brooke E. Cucinella dated August 4, 2021 re: adjournment of sentencing date and related deadlines. ENDORSEMENT: Objections to the PSR shall be filed by August 19, 2021. The sentencing is adjourned to October 15, 2021, at 12:00 p.m. The defense submissions are due by October 1, the government submissions are due by October 8. SO ORDERED. (Sentencing set for 10/15/2021 at 12:00 PM before Judge Sidney H. Stein) (Signed by Judge Sidney H. Stein on 8/4/2021)."

Now on September 27, Pierre's lawyers have written in seeking to push sentencing back from October 15 for 45 days, but not in the final two weeks of December, as Pierre "has been dealing with certain family issues." Watch this site.

  On May 17, U.S. District Court for the Southern District of New York Judge Sidney H. Stein began an in-person jury trial in the case.

 Assistant U.S. Attorney Robert Boone said Pierre defrauded his Haitian compatriots and devoted the money to expensive meals.

The witness worked for a hotel in Palisades, New York, embezzlement from which Pierre is charged.

 On Marcy 18, with the trial paused for a day, Inner City Press ] reported on the record that the US Attorney's Office offered Pierre a plea agreement with a stipulated guidelines range of 51 to 63 months' imprisonment. It was rejected.

On May 20, AUSA Boone was questioning a victim of Pierre's, who seemed to say she was compensated from bringing in more victims. She was to withdraw $43.05 as a test, she said.

On May 24, Pierre's CJA lawyer Brooke Cucinella of Simpson Thacher cross examined at length about charts showing Pierre's finances, including his purchase of a Planet Wings franchise, and payments over Zell.

  Judge Stein asked the witness, to friendly laughter from the jury, Do you have a Zell account? He told the lawyers, including AUSA Drew Skinner who did the re-cross, to "chill."

   There is a mystery as to May 25 on which we hope to have more. The only thing filed in the docket was an additional notice of appearance for Ruless Pierre, by Jacob Lundqvist.

  On the morning of May 26, AUSA Skinner gave the government's summation, including using slides to detail each charge, concluding with "the Planet Wings Scheme." He said Ms. Pamphile was charged hundreds of thousands of dollars for a store that cost only $50,000, and then was told to delete her text messages. The jury was escorted down to lunch together, presumably not Planet Wings but rather than often name-changing 8th floor cafe.

  In the afternoon, Pierre's lawyer Brooke Cucinella emphasized that her client didn't suddenly pay off his debts, for example to Ally for the Porsche, and had sent bills to those who traveled with him each year to Miami for Haitian Flag Day, staying in the Fontainbleu (said Fountain-Blue) hotel. Hold the government to its burden, she said.

   Watch this site.

 The case is US v. Pierre, 19-cr-783 (Stein) 


Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.

Feedback: Editorial [at]
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2021 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at]