Overview
- The Superior Tribunal of Justice of Corrientes confirmed the February Goya verdict for illicit association and repeated fraud against Leonardo Cositorto and his lieutenants.
- The court left in place sentences of 12 years for Cositorto and 8 years for Maximiliano Batista, Miguel Ángel Echegaray and Lucas Damián Camelino, ordering them to remain incarcerated.
- Judges dismissed defense nullity and cassation petitions as a rehash of arguments already resolved.
- The ruling preserved the acquittals of Javier Sebastián Medina and Nicolás Ismael Medina due to unproven knowledge or intent.
- According to the findings, Generación Zoe operated as Zoe Empowerment S.A., luring nearly 100 investors with 7.5% monthly dollar returns via pyramid tactics and supposed trading robots, causing losses above US$396,000 that hit vulnerable savers.