Rossi to stay in jail after federal judge revokes his bond in mail, tax fraud case

Judge finds ex-Reditus CEO violated his bond by selling vehicles worth millions of dollars without court permission
Published: Sep. 5, 2023 at 4:18 PM CDT
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PEORIA (25News Now) - A federal judge on Monday ordered former Reditus Labs CEO Aaron Rossi to stay in jail for violating conditions of his bond, including selling vehicles worth millions of dollars without the court’s permission.

In her detention order, U.S. District Judge Sara Darrow said Rossi violated bond conditions by selling 17 vehicles valued at approximately $5 million without the court’s approval.

Earlier, federal prosecutors filed court documents indicating eight vehicles had been sold without the court’s permission, valued at $665,000. They also alleged Rossi violated curfew in August when he didn’t return home by 10 p.m. after meeting with his lawyers in Chicago. Rossi reportedly claimed he had a flat tire, called a driver and fell asleep on his way home.

“The defendant is unlikely to abide by any condition or combination of conditions of release,” Judge Darrow said in her order.

Rossi is awaiting trial for allegedly defrauding the Bloomington company he used to work for - Central Illinois Orthopedic Surgery - during a four-year period before he launched Reditus.

Pekin-based Reditus, under Rossi’s leadership, won lucrative multi-million-dollar state government contracts to perform COVID-10 testing. The state did not renew the contracts after criminal charges were filed against Rossi.

Reditus ceased operations in October of last year.