UNAUTHORIZED TRANSACTION RELATED RECOVERIES (Tables)

12 Months Ended

Jun. 30, 2017

Unauthorized Transactions, Costs and Related Recoveries, Net [Abstract]

Unauthorized Transaction Related Costs and Recoveries

For the fiscal years ended June 30, 2017 and 2016, the costs and recoveries were as follows:

	2017			2016
Legal fees incurred	$	77,500		$	1,714,074
Gross proceeds from settlement of the third party lawsuit	—			(3,000,000		)
Proceeds from asset forfeitures	(9,952		)	(75		)
Unauthorized transaction related costs (recoveries), net	$	67,548		$	(1,286,001	)