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

9 Months Ended

Mar. 31, 2016

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, 2016 and 2015, the costs and recoveries were as follows:

	Three Months Ended						Nine Months Ended
	March 31						March 31
	2016			2015			2016			2015
Legal fees incurred	$	1,639,074		$	37,500		$	1,714,074		$	114,992
Gross proceeds from the settlement of the third party lawsuit	(3,000,000		)	—			(3,000,000		)	—
Proceeds from asset forfeitures	(25		)	(36,422		)	(75		)	(36,422		)
Unauthorized transaction related costs (recoveries), net	$	(1,360,951	)	$	1,078		$	(1,286,001	)	$	78,570