Jeremie Andrew Sowerby

Introduction

Jeremie Andrew Sowerby, a 48-year-old Fountain Hills, Arizona, man, pleaded guilty in August 2026 to wire fraud, admitting he defrauded hundreds of victims — roughly 400 in one scheme alone — through a series of cryptocurrency-mining and hedge-fund frauds running from 2017 through 2023, and agreed to pay up to $30 million in restitution . The plea resolved charges filed against him in three separate criminal cases. He remains in custody pending a sentencing hearing now scheduled for December 16, 2026. He is not the same person as Ben Singh Sowerby, a UK teacher banned by the site’s coverage in 2022; the two share a surname and nothing else.

Background Information

Sowerby operated under the persona of a multi-level marketing promoter, according to his own admissions in the plea. His scheme history, as summarized by the U.S. Attorney’s Office for the District of Arizona, runs through a long list of ventures: Now Mining, VIP Mining, Millennium Technologies, Dunamis Global Technologies, SOFTEK, LLC, Justice Capital, Stealth Capital, FX Primary, Phoenix Ultra, Limitless Trading, Block Mint, Block X (BLKX), Digital Mint, 888 Management, Kannabiz Koin (KK), Kannabiz Monkeez, My Blockchain Life, My Block X, and We Sell Miners — all of which appear in his restitution undertaking . He was first indicted on the Now Mining scheme in September 2023, with a Dunamis indictment following that December, per coverage of the case.

The Controversy or Incident That Led to Their Cancellation

As part of the plea, Sowerby admitted defrauding approximately 400 victims from 2017 through 2018 through a cryptocurrency investment scheme run under three entities — Now Mining, VIP Mining, and Millennium Technologies — taking in at least $7.5 million while representing himself as a multi-level marketing promoter . He was indicted for that scheme alongside a co-defendant, Luis Ortega, against whom charges remain pending.

Sowerby also admitted defrauding at least 150 victims through Dunamis Global Technologies from 2018 through 2019: he convinced victims to buy cryptocurrency mining machines, along with monthly storage and power costs, but the machines did not actually exist. Local coverage put the total number of people affected across his schemes at more than 500 . Finally, he admitted running Justice Capital from 2021 through 2023, marketed as a hedge fund offered only to high-income earners and purportedly trading on a “bot” algorithm, through which he defrauded one individual out of $207,000.

The plea agreement caps his sentencing exposure at ten years under the negotiated terms reported by industry watchers who track the schemes, down from the twenty-year maximum wire fraud carries .

Public Reaction and Consequences

The FBI’s Phoenix Division and IRS Criminal Investigation conducted the investigation; Assistant U.S. Attorney Lindsay Short is handling the prosecution . Law enforcement is still working to identify all victims across the listed ventures, and the release directs anyone who has not spoken to the FBI to complete a victim questionnaire. The restitution undertaking — up to $30 million across the nineteen named entities — is the largest concrete consequence recorded so far. The release quotes no officials and contains no statement from Sowerby; behindmlm, which had tracked the ventures as suspected schemes before the charges, noted the plea as it moved through the court.

Current Status

Sowerby remains in federal custody pending sentencing. The original sentencing date of October 14, 2026, before U.S. District Judge Susan M. Brnovich, was continued; he is now scheduled to be sentenced on December 16, 2026 . His wire-fraud conviction stands by plea; the admission covers all three schemes described above. Co-defendant Luis Ortega’s charges remain pending. Restitution of up to $30 million will be fixed at sentencing, and the victim-identification effort is ongoing.

Impact on Their Career/Life

Sowerby’s run as a crypto-mining promoter is over: the plea record brands every venture in the restitution list as part of admitted fraud, and the custody that began before sentencing continues through it. With a decade of exposure under the plea cap and a restitution obligation of up to $30 million, his financial future beyond prison is consumed by what he owes. The schemes’ victims — more than 500 people by local coverage’s count — lost savings across at least three distinct frauds, and the FBI’s victim-identification work continues to surface them.

Sources

DOJ press release, “Fountain Hills Man Pleads Guilty to Investment Fraud Schemes, Agrees to Pay Restitution to Victims,” U.S. Attorney’s Office, District of Arizona, August 18, 2026 source
BehindMLM, “Jeremie Sowerby pleads guilty to wire fraud,” updated October 21, 2026 source
AZ Family, “Fountain Hills man pleads guilty to scamming millions from over 500 people,” August 19, 2026 source