Brooklyn, NY, August 22, 2019 – The United States District Court, through the order of Judge Brian Corcoran, has ordered early termination of supervision of Schelton Assoumou in case number 1:13-cr-00491-BMC, United States of America v. Schelton Assoumou.

Assoumou was was indicted On Tuesday January 15th, 2013 with bank and wire fraud by the United States Eastern District of New York. In order to resolve the criminal charges against him Mr. Assoumou pled guilty to one (1) count of wire fraud in connection with the making of the false statements regarding owner-occupiers versus investors.

On May 16, 2018 the Court sentenced Assoumou to time served and two (2) years of supervised release. No restitution was imposed as part of his sentence nor was he barred from the real estate industry.

Assoumou, who was released for exemplary behavior, is now free to enter into agreement without court supervision or sanctions.

Mr. Assoumou will further his work in his community and to serve as Executive Director of Brownstone NYC.

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