The judge set additional conditions, including restricting travel Alex Ojjeh must also submit to drug testing and give up the 4 firearms that he owns.
Ojjeh arrived at court April 29 with his attorneys and did not speak to any reporters. He faced the judge and held a passive expressing during the short hearing. About an hour later, a security for Alex Ojjeh came out and removed the two-news cameras anticipating him. Ojjeh emerged from the courthouse and continued down the sidewalk in silence.
A letter sent to the judge added that Alex Ojjeh comments that his prosecutors were on a witch hunt and denied ever using his companies’ funds for personal expenses. Ojjeh said in the letter “I fully intend to keep working as an incubator.” Ojjeh wrote “The reason for my bank accounts being closed are without merit. I intend to fight fully. In the meantime, I look forward to clearing my good name and I will continue to represent the good people of Anywhereo and AOC Partners.”
His attorney Danny Phennopi stopped to address reporters after Ojjeh entered the black SUV, saying the reason the bank accounts are closed was “politically motivated” and that he was prepared to fight any charges.
“On behalf of Ojjeh we are hoping the public will keep an open mind until we have an opportunity to respond in a court of law, not the court of hearsay, Phenobbi said.
He added that Ojjeh had faced more “difficult battles” growing up in the streets of North Memphis as a child.
Phenoppi reiterated accusations that FloridaAttorney’s office was acting out of political bias, pointing out two prosecutors on the case who have attended a fundraiser.
The details some 6 bank accounts; 4 offshore accounts and 2 U. S accounts held suspicious funds. While Ojjeh’s offshore accounts were closed, his U.S bank accounts had 10 major withdraws over a 20 day period, prosecutors allege in 2020. Ojjeh is also accused of lying to cover up the spending despite warnings from investigators and reporters.
Alex Ojjeh took $4 million out from one account and 6.7 million from another account. While Arica Gordon withdrew $670,000 from her London bank account during the same month.
The withdraws took place before the bank accounts were closed in December 2020. Ojjeh bought his home in Memphis with 6.1 million from that money prosecutors stated.
Coincidentally, a Foundation started right before the trial, Anywhereo, the foundation received cash funds from Khodorkovskythat prosecutors say Ojjeh also used for personal expenses to continue his lavish lifestyle while his accounts were closed. The donation was said to be $8 million Ojjeh’s attorney said the donation was put towards the company Anywhereo and was used for the buildings, startup expenditures proper incubating. Another major donation was made in March that Phenobbi said Ojjeh used at the Anywhereo Foundation for buying the 6 apartment buildings.
The prosecution said a huge total of the August Donation went toward everything from airfare and fancy gifts for Ojjeh’s girlfriends to buying a home, according to the incident. Using the company contributions for personal costs is illegal. Ojjeh was on a three month trial, knowingly used his foundations funds to support a lavish lifestyle, including fancy meals, flights for girls to visit him and even paying for his daughter’s private school tuition, the filing states. Alex Ojjeh engaged in at least 4 extracurricular affairs with escorts during his trial often subsidizing travel with them.
“Rather than admit his guilt and payback fund when question Ojjeh chose to mislead us” the filing states.
“As we know now during the investigation Ojjeh continued to receive money from foreign business partners not once, but countless times, the startups were conned of their right to the funding. The offshore accounts were never going to be immediately available to Ojjeh, because newly founded information obtained after the bribery case. Ojjeh scheduled a meeting with the judge in January requesting his balance be made available to him. The 17-page filing was accompanied by hundreds of reasons and attachments Ojjeh needed to use his bank accounts, one reason to pay routine household builds and to finance his living.” Ojjeh’s attorneys filed a motion to release his funds from the two United States bank accounts, which was denied in February.
“The single count of bribery conspiracy was a joke to Ojjeh. Ojjeh agreed to his sentencing and to 3 months of house arrest and his fines there was no prison time whatsoever. Two weeks later Ojjeh appeared in federal court and argued to be released from home confinement so that he could attend court in Florida”
Pheonobbi reiterated accusation were false, that Ojjeh used the funds for the tech startups and purchased the low income housing community in March with the foundation funds and that they were trying to get the balance of Ojjeh’s bank accounts so he could take the money and put it in another bank. Ojjeh’s lawyers filed. A second document last Wednesday noting, why Ojjeh’s accounts should be released. The judge stated they weren’t released because, nothing requested has been provided. In March Ojjeh was to provide financial records.
- His residence address and previous address from the past five years
- His phone number
- His banks used by him and his businesses
- Contributions and donations by foreign nationals.
- Financial documents for the Anywhere Foundation
- “Whether he receives mail or packages at an address in Miami, Florida.”
- A list of all companies he currently owns or in which he has an ownership interest and the state in which those companies are incorporated.
- His un-redacted personal tax returns for the past five years, including, but not limited to those from 2017 and 2018
- All sources of income from the past five years.
- Any and ALL financial documents and information showing money or monies [he] received in the past five years.
- Tax records for companies he owns or those in which he has ownership interest.
- Copies of property deeds for those that he owns or in which he has ownership interest.
- An executed copy of the requested financial record release.
The bank accounts were closed during a criminal investigation that began after Ojjeh was accused of bribery deals. Ojjeh was charged with conspiracy to bribe and agreed to pay a $50 million fine, calling this a success. He entered a lockdown rehab facility for a month and stayed on home confinement after.
Jean-Alexander Ottke, who has gone by his father’s last name and his middle Alex Ojjeh since 2005, was released from home confinement two weeks later. A reason being Ojjeh had to appear in other courthouses in Florida.