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UNAUTHORIZED TRANSACTION RELATED RECOVERIES (Details) - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Unauthorized Transactions, Costs and Related Recoveries, Net [Abstract]    
Legal fees incurred $ 77,500 $ 1,714,074
Gross proceeds from settlement of the third party lawsuit 0 3,000,000
Proceeds from asset forfeitures (9,952) (75)
Unauthorized transaction related costs (recoveries), net $ 67,548 $ (1,286,001)