On December 15, 2017, Joon H. Kim, then-Acting U.S. Attorney for the Southern District of New York, announced that Darcy Wedd had been convicted of two counts of conspiracy to commit wire fraud, two counts of wire fraud, two counts of conspiracy to commit money laundering, and two counts of aggravated identity theft.  Wedd, the former CEO of mobile aggregation company Mobile Messenger, had engaged in a scheme to defraud consumers of more than $100 million through “auto-subscription.”  This auto-subscription scheme, which took place from 2011 to 2013, involved adding charges for mobile services such as horoscopes to consumers’ mobile phone bills without their knowledge or consent.  Wedd conspired with other Mobile Messenger executives and with other mobile platforms to perpetrate this fraud.  Wedd was convicted following a two-week jury trial before U.S. District Judge Katherine B. Forrest, and his sentencing is scheduled for April 2, 2018.  U.S. v. Wedd, 1:15-CR-00616 (S.D.N.Y.)

DOJ Press Release