United States v. Marganda

── United States v. Marganda ── Case No.: 25-959-cr Court: Court of Appeals for the Second Circuit Date: March 18, 2026 Category: General 25-959-cr United States v. Marganda UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT SUMMARY ORDER RULINGS BY SUMMARY ORDER DO NOT HAVE PRECEDENTIAL EFFECT. CITATION TO A SUMMARY ORDER FILED ON OR AFTER JANUARY 1, 2007, IS PERMITTED AND IS GOVERNED BY FEDERAL RULE OF APPELLATE PROCEDURE 32.1 AND THIS COURT’S LOCAL RULE 32.1.1. WHEN CITING A SUMMARY ORDER IN A DOCUMENT FILED WITH THIS COURT, A PARTY MUST CITE EITHER THE FEDERAL APPENDIX OR AN ELECTRONIC DATABASE (WITH THE NOTATION “SUMMARY ORDER”). A PARTY CITING A SUMMARY ORDER MUST SERVE A COPY OF IT ON ANY PARTY NOT REPRESENTED BY COUNSEL. At a stated term of the United States Court of Appeals for the Second Circuit, held at the Thurgood Marshall United States Courthouse, 40 Foley Square, in the City of New York, on the 18th day of March, two thousand twenty-six. PRESENT: GUIDO CALABRESI, ALISON J. NATHAN, Circuit Judges, JEANNETTE A. VARGAS, District Judge. * _____________________________________ United States of America, Appellee, v. No. 25-959-cr Francius Marganda, Defendant-Appellant. _____________________________________ * Judge Jeannette A. Vargas, of the United States District Court for the Southern District of New York, sitting by designation. FOR DEFENDANT-APPELLANT: Florian Miedel, Miedel & Mysliwiec, LLP, New York, NY. FOR APPELLEE: Victor Zapana & Laura Zuckerwise, Assistant United States Attorneys (Amy Busa, on the brief) for Joseph Nocella, Jr., United States Attorney, Eastern District of New York, Brooklyn, NY. Appeal from a judgment of the United States District Court for the Eastern District of New York (Irizarry, J.). UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of the district court is AFFIRMED. BACKGROUND On February 9, 2023, Francius Marganda was charged by superseding indictment with one count of conspiracy to commit securities fraud, one count of conspiracy to commit wire fraud, one count of securities fraud, six counts of wire fraud, one count of conspiracy to commit money laundering, and six counts of money laundering. The charges arose from a Ponzi-style scheme Marganda ran with two co-conspirators in which they solicited millions of dollars of investments 2 in two fake companies (Easy Transfer and Global Transfer), misappropriated investors’ funds, and generated misleading return statements to encourage further investment. Marganda orchestrated the scheme, directed his co-conspirators to execute contracts on his behalf, and paid them commissions for each recruited investor. Ultimately, Marganda defrauded hundreds of people out of $8,552,373.01—costing many victims their life savings and denying others educational opportunities and necessary medical treatment. The scheme began to unravel in March 2021, when Marganda lacked the funds to pay investors on time. By May 2021, Marganda’s co-conspirators stopped making payments, and Marganda fled the United States and continued to live in luxury around the world until he was arrested in Singapore in May 2023. Though he waived extradition, Marganda spent six months in Changi Prison in Singapore before he was returned to New York on November 9, 2023. On July 23, 2024, Marganda pled guilty to a single count of