UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES (Tables)

9 Months Ended

Mar. 31, 2017

Unauthorized Transaction Related Costs and Recoveries [Abstract]

Unauthorized Transactions, Related Costs and Recoveries, net [Table Text Block]

For the three and nine months ended March 31, 2017 and 2016, the costs and recoveries were as follows:

	Three Months Ended						Nine Months Ended
	March 31						March 31
	2017			2016			2017			2016
Legal fees incurred	$	40,000		$	1,639,074		$	77,500		$	1,714,074
Gross proceeds from the settlement of the third party lawsuit	—			(3,000,000		)	—			(3,000,000		)
Proceeds from asset forfeitures	(337		)	(25		)	(3,741		)	(75		)
Unauthorized transaction related costs (recoveries), net	$	39,663		$	(1,360,951	)	$	73,759		$	(1,286,001	)