Robert Shapiro appears to be reaching an agreement with the Dept of Justice on

  • jail,

  • forfeiture of assets and

  • ‘cooperation’ with other efforts to recover valuable assets for the bankruptcy trust.

Below is quote from the latest update.

The United States has offered Defendant Shapiro a plea agreement, and Shapiro may announce to the Court that he will accept that plea agreement and enter a guilty plea at a status conference on August 5, 2019, at 9:30 a.m.The terms of the plea agreement include, but are not limited to, a guilty plea to Counts 1 and 10 of the indictment, for which Defendant Shapiro will face a statutory maximum of 25 years’ imprisonment; a requirement that Defendant Shapiro forfeit all of his assets and cooperate with the government in identifying his assets; a requirement that Defendant Shapiro pay restitution; and an agreement not to prosecute his wife, Jeri Shapiro.

The August 5th date you see here was apparently changed with the court to tomorrow at 3 p.m. (in Miami) … to “change his plea” of not guilty.

As is typical this is part of deal to not pursue wife and other family members, cooperation with the BK trustees, etc etc.

Link to this memo here

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