Christina Williams, 31, of Drexel Hill, Pennsylvania, pleaded guilty today to one count of conspiracy to commit money laundering before United States District Judge Joshua D. Wolson, for her role in a scheme that laundered over $7.1 million in fraud proceeds.
Williams and her mother, Rosemarie Dixon, 54, also of Drexel Hill, were indicted last November. From January 2020 to April 2021, Williams conspired with others to conduct financial transactions, knowing the funds were proceeds of fraud and intended to disguise their source and ownership.
The scheme involved registering sham businesses, Williams Royal Real Estate LLC and Dixon Delish Kitchen LLC, in New Jersey. Williams and Dixon, at the direction of an unindicted co-conspirator, opened numerous business bank accounts using these entities, which had no actual operations or employees.
Fraudulent Economic Injury and Disaster Loan (EIDL) applications were submitted to the U.S. Small Business Administration, with proceeds deposited into Williams Royal accounts. Additionally, business email compromise (BEC) fraud proceeds were deposited into Dixon Delish accounts. Williams and Dixon then rapidly moved these funds between various business and personal accounts to conceal their origins.
The total laundered amount reached $7,171,730. Williams also kept some of the fraudulently obtained funds for personal use and converted them to cash. She is scheduled for sentencing on September 9, facing a maximum of 20 years’ imprisonment and a substantial fine. Dixon, who pleaded guilty last month, faces the same maximum term and is also set for sentencing on September 9.
The case was investigated by the FBI, Small Business Administration Office of Inspector General, United States Secret Service, and U.S. Navy Criminal Investigative Service, and is being prosecuted by Assistant United States Attorneys Nancy E. Potts and S. Chandler Harris.