The duo allegedly ran a million dollar Ponzi scheme from 2012 to 2014 that victimized 10 Sandy Springs residents, two New York residents, a diamond wholesale business and multiple financial institutions.
Prosecutors contended the defendants have attempted to flee prosecution in the past.
After an arrest warrant was issued by the Sandy Springs Police Department in 2015, Ellituv was found at an airport in New York City waiting to board an international flight, according to a news release. And after Shetrit received conditional bond and surrendered his passport to the Fulton County District Attorney’s Office in 2015, he reportedly obtained a one-way travel permit from the Israeli Embassy.
Goger denied the new motion for bond, saying there was too much that needed explaining, according to the release.