Total Forfeited Assets
$7,600,000
Base Order: $7,100,000 min
Restitution Recovery Rate
100%
Victim pool covered
Restitution Gap
$0
Uncovered investor claims
Projected Prison Sentence
14 Years
Max statutory: 20 Years
Forensic Asset Liquidation Controls Fully Audited Restitution Plan
Seized Liquid Bank Deposits $4,200,000
Secured Real Estate Holdings $1,900,500
Liquidated Equities & Securities $1,499,500
Plea Agreement Acceptance Guilty Plea (-3 Yrs)
Case Background: Forbes 30 Under 30 honoree Meade Lewis (mIQroTech) admitted to fabricating ARR ($6.8M claimed vs <$100k actual) and false contracts (Chevron $4M LOI) to solicit $7.1M+ from 12 private investors. Funds were diverted toward private enrichment, luxury real estate, and equity investments.
Restitution Waterfall & Allocation Audited State
Seizure Asset Category Legal Status Appraised Value Restitution Payout
Cash & Escrow Accounts Frozen by DOJ $4,200,000 $4,200,000
Residential Property (Seized) Lis Pendens Sale $1,900,500 $1,900,500
Secondary Securities Portfolio Broker Liquidation $1,499,500 $1,499,500
Total Net Forfeiture Realized Sufficient (100%) $7,600,000 $7,600,000
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