Faces 13 Years In Federal Prison. Lifetime Supervised Release.
Just Purchased $6M Home In The Sanctuary, Still Owns $2M Home In Seven Bridges.
BY: ANDREW COLTON | Editor and Publisher
BOCA RATON, FL (BocaNewsNow.com) (Copyright © 2021 MetroDesk Media, LLC) — RedCon1 founder Aaron Singerman plead guilty to two counts of a multi-count indictment Friday filed against him nearly three years ago. The guilty pleas, agreed to on the eve of trial in United States District Court, come in exchange for other charges being dropped.
Singerman now faces up to thirteen years in prison and a lifetime of supervised release. Sentencing will be determined later. A judge must agree to the deal.
Singerman entered guilty pleas on the following counts: “introduction of unapproved new drugs into interstate commerce with intent to degrade and mislead,” and “conspiracy to distribute controlled substances.”
In exchange for admissions of guilt, federal prosecutors agreed to drop six other counts following sentencing.
From a proffer reviewed by BocaNewsNow.com: “As to count 3, the defendant understands and acknowledges that the Court may impose a statutory maximum term of imprisonment of up to three years, followed by a term of supervised release for not more than one year. In addition to a term of imprisonment and supervised release, the Court may impose a fine of up to $250,000.”
“As to Count 4, the defendant understands and acknowledges that the Court may impose a statutory maximum term of imprisonment of up to ten years, followed by a term of supervised release of at least two years to life. In addition to a term of imprisonment and supervised release, the Court may impose a fine of up to $500,000.”
Singerman, and several co-conspirators, were accused of mislabeling nutritional supplements, in violation of federal law. The indictment was announced in 2019. Since then, Singerman’s attorneys have argued — and at times gained traction with their arguments — that the charges were an overreach filed by prosecutors who did not understand the science, or the law, relating to nutritional supplements. Singerman’s guilt admissions came just hours before trial was set to start. Another defendant plead guilty shortly after the indictments were first announced.
Singerman owns a just-purchased $6M home in the Sanctuary and a $2.3M home in the west Delray Beach community of Seven Bridges.
Months ago, fellow Seven Bridges homeowner Richard Davidson, a Chiropractor, was sentenced to six years in federal prison for defrauding Medicare.
We are publishing Singerman’s complete proffer, below. It was not immediately clear as to the status of the other defendants in the case.
If the proffer document does not appear, you may download it as a PDF right here. We are aware that some mobile browsers are blocking the text on this PDF from appearing. If you do not see text, just click on the down arrow button which appears in the middle of the toolbar, below. That will open the PDF natively on your phone or tablet.
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