From my upline in Plexpay:

News from Norwegian Press
Ongoing process...

November 1, 2006 In a recent Norweigan News article, it is being reported that Frode Joregensen has been cleared of all charges of fraud. While the authorities are continuing the case against PlexPay by adding charges related to the lottery laws, this appears to be a bogus attempt to prolong releasing assets and servers.

Lawyers on the case are calling for a close to the investigation because there is no case, in their opinion. Further actions may be taken to bring the authorities back to court to get closure on these matters. This is a summary based on some translations from our friends in Norway and Sweden... thanks. We will continue to pass along information as we learn it and confirm with sources.
Also watch Frode's blog for news, but remember Frode hasn't worked for PLexpay for over a year. Click here: Secure Asset Protection

And from Oct 25th

News on Former CEO
Ongoing process...

Oct 25, 2006
Management of Plexpay has not been heard from in recent months. We have spoken with the former CEO of PlexPay, Frode Jorgensen.

We are glad to be able to report that his passport and computers have been returned .. although the computers were wiped clean!