Tag: money_laundering
-
Federal Jury Convicts Duo in $25 Million Wire Fraud and Money Laundering Scheme
A federal jury convicted Demani and Tanya Bosket for their roles in a $25 million wire fraud and money laundering scheme. The duo managed U.S.-based operations, diverting funds from various transactions, with over $2.5 million recovered.
Law EnforcementBusinessScience & TechnologyLegalEconomyComputers and InternetFederal Government Demani Jawara BosketTanya Lashawn BosketWire FraudMoney LaunderingBusiness Email CompromiseSouth CarolinaFinancial CrimeFBI
-
San Diego Man Charged with Funneling Funds to Hamas and Personal Use
San Diego resident Reda Mazen Rida Sabassi faces terrorism, fraud, and money laundering charges for allegedly diverting $600,000 from "humanitarian" campaigns to Hamas and personal use, exploiting the October 7, 2023, attacks.
Politics and GovernmentLaw EnforcementConflictBusinessFederal GovernmentLegalMiddle EastFinancial Markets Reda Mazen Rida SabassiHamasSan DiegoTerrorismFraudMoney LaunderingFBI
-
Northern Nevada Man Indicted for Embezzling Nearly $8 Million from Broadband Project
Stephen A. Kromer, owner of Uprise, LLC, faces a 16-count federal indictment for allegedly embezzling over $7.8 million from a USDA ReConnect broadband grant intended for rural Lovelock, Nevada, diverting funds to personal accounts and cryptocurrency.
Law EnforcementPolitics and GovernmentBusinessScience & TechnologyFederal GovernmentLegalComputers and InternetEconomyFinancial Markets Stephen A. KromerUprise LLCEmbezzlementBroadband InfrastructureLovelock NevadaUSDA ReConnect ProgramMoney LaunderingFBI
-
Shelby County Court Clerk Indicted on Federal Theft and Fraud Charges
Shelby County General Sessions Court Clerk Tamara Sawyer faces federal charges for allegedly embezzling over $44,000 in public funds. The indictment includes theft, fraud, and money laundering, stemming from misuse of county cards for personal expenses.
Politics and GovernmentLaw EnforcementGeneral PoliticsState GovernmentsFederal GovernmentLegal Tamara SawyerShelby CountyPublic CorruptionIndictmentTheftMoney LaunderingFBI
-
Middle Tennessee Man Indicted in Multi-Million Dollar Crypto Ponzi Scheme
Misam M. Abidi of Nolensville faces 11 federal charges for allegedly running a cryptocurrency Ponzi scheme through Star Credit Holdings, defrauding investors of millions and diverting funds. He is accused of wire fraud, money laundering, and tax offenses.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentEconomyBankingLegal Misam M. AbidiNolensvilleCryptocurrencyPonzi SchemeStar Credit HoldingsWire FraudMoney LaunderingFBI
-
Former Virgin Islands OMB Director Sentenced to 84 Months for COVID-19 Relief Fund Corruption
Jenifer O’Neal, former Virgin Islands OMB Director, received an 84-month prison sentence for misusing federal COVID-19 relief funds, including inflating invoices and accepting bribes for her coffee shop.
Politics and GovernmentLaw EnforcementFederal GovernmentState GovernmentsLegalEconomy Jenifer O'NealVirgin IslandsPublic CorruptionCOVID-19 Relief FundsSentencingFraudMoney LaunderingFBI
-
Wausau Man Pleads Guilty to $14.25 Million Wire Fraud and Money Laundering
Stanley Pophal, 64, admitted guilt to wire fraud and money laundering, defrauding 190 investors of $14.25 million. He used the funds to finance a lavish lifestyle, including hundreds of vehicles, in a multi-year Ponzi scheme.
BusinessLaw EnforcementPolitics and GovernmentFederal GovernmentLegalEconomyFinancial Markets Stanley PophalWausauWisconsinWire FraudMoney LaunderingInvestment FraudPonzi SchemeFBI
-
Newcastle Man Sentenced to Five Years for Laundering $100 Million in Fraud Proceeds
Geoffrey K. Auyeung of Newcastle, Washington, received a five-year prison sentence for laundering nearly $100 million in fraud proceeds. He used bank accounts and cryptocurrency to funnel funds from a fake oil and gas investment scheme to overseas fraudsters.
BusinessLaw EnforcementPolitics and GovernmentWorldLegalFinancial MarketsEconomyFederal Government Geoffrey K. AuyeungMoney LaunderingCryptocurrencyFinancial FraudSeattleInvestment ScamHomeland Security InvestigationsU.S. Department of Homeland Security
-
Former Sacramento Man Convicted for Misusing Stolen School District Funds
Former Sacramento resident William A. Sassman was found guilty of misusing over $6.5 million mistakenly wired from the Tukwila School District. Despite being notified the funds were stolen, Sassman purchased and resold luxury watches, now facing significant prison time.
Law EnforcementPolitics and GovernmentLegalEducationFederal GovernmentEconomy William A. SassmanSacramentoTukwila School DistrictFinancial FraudMoney LaunderingLuxury WatchesFBI
-
Springfield Investment Professional Pleads Guilty to Embezzling Retirement Funds
Bob Hunter, 72, of Springfield, Missouri, pleaded guilty to wire fraud and money laundering. He embezzled over $373,000 from clients' retirement funds, using "lulling letters" to conceal his scheme.
Law EnforcementBusinessPolitics and GovernmentLegalFinancial MarketsFederal GovernmentEconomyGeneral Politics Bob HunterSpringfield MissouriWire FraudMoney LaunderingEmbezzlementRetirement FundsFinancial FraudFBI
-
Fugitive in Feeding Our Future Fraud Scheme Surrenders to FBI
Said Abdullahi Ereg, a fugitive in the Feeding Our Future fraud, surrendered to the FBI in Minneapolis. He is accused of defrauding the Federal Child Nutrition Program of over $4.2 million, exploiting funds meant for children.
Law EnforcementPolitics and GovernmentBusinessFederal GovernmentEconomyLegalEducationSocial Issues Said Abdullahi EregFeeding Our FutureFederal Child Nutrition ProgramFraudMinneapolisFBIMoney Laundering
-
Jamaican Man Pleads Guilty in Elderly Lottery Scam and Money Laundering Conspiracy
A Jamaican man pleaded guilty in Pittsburgh to an international lottery scam targeting elderly victims. Jason Plummer admitted to mail and wire fraud and money laundering conspiracies, facing significant prison time for his role in the scheme.
Law EnforcementPolitics and GovernmentFederal GovernmentLegalSocial IssuesEconomy Jason PlummerLottery ScamMoney LaunderingElderly VictimsPittsburghJamaicaFraudFBI
-
Jamaican Man Pleads Guilty in Elderly Lottery Scam and Money Laundering Conspiracy
A Jamaican man pleaded guilty in Pittsburgh to an international lottery scam targeting elderly victims. Jason Plummer admitted to mail and wire fraud and money laundering conspiracies, facing significant prison time for his role in the scheme.
Law EnforcementPolitics and GovernmentUSAJamaicaFederal GovernmentLegalSocial Issues Jason PlummerLottery ScamMoney LaunderingElderly VictimsPittsburghFraudFBI
-
Former Virgin Islands Police Commissioner Sentenced to 10 Years for Corruption
Former Virgin Islands Police Commissioner Ray Martinez received a 10-year federal prison sentence for bribery, honest services wire fraud, money laundering, and obstruction of justice in a public corruption scheme involving a government contractor.
Politics and GovernmentLaw EnforcementBusinessGeneral PoliticsFederal GovernmentLegalEconomy Ray MartinezVirgin Islands Police DepartmentPublic CorruptionBriberyMoney LaunderingObstruction of JusticeFederal Bureau of InvestigationFBI
-
Edison Man Sentenced to 51 Months for Laundering Internet Fraud Proceeds
Edison, New Jersey man Kenny Osas Okuonghae received a 51-month prison sentence and $1.2 million restitution for laundering over $500,000 from internet scams, including romance and 'pig butchering' schemes.
Law EnforcementBusinessScience & TechnologyLegalComputers and InternetBankingSocial Issues Kenny Osas OkuonghaeEdisonNew Jerseymoney launderinginternet fraudromance scamspig butcheringFBI
-
Bourbonnais Woman Sentenced to Prison for Leading Pandemic Relief Fraud Scheme
Octavia Renee Murphy, 37, of Bourbonnais, Illinois, received a one-year prison sentence for leading a $169,949 pandemic relief fraud scheme involving EIDL and PPP loans, exploiting programs meant for small businesses.
Law EnforcementPolitics and GovernmentBusinessFederal GovernmentLegalEconomy Octavia Renee MurphyBourbonnaisPandemic FraudWire FraudMoney LaunderingSBAIllinoisFBI
-
Three Men Jailed for Multi-Million Dollar Medicare Fraud and Money Laundering
Three South Florida men, Marco Scamarone, Jose Mendez, and Renee Vazquez, received prison sentences for defrauding Medicare of $6.9 million through fraudulent DME companies and laundering over $2.2 million in illicit proceeds.
Law EnforcementPolitics and GovernmentBusinessHealthFederal GovernmentEconomyLegalSocial Issues Medicare FraudMoney LaunderingSouth FloridaMarco ScamaroneJose MendezRenee VazquezDurable Medical EquipmentFBI
-
Uzbek Nationals Charged in Extensive Human Smuggling and Money Laundering Operation
Two Uzbek nationals, Akmal Rasulov and Iskander Shukurov, face charges for allegedly operating a human smuggling and money laundering scheme from 2021 to 2025, illegally bringing foreign nationals into the U.S. for profit.
Law EnforcementBusinessPolitics and GovernmentLegalFederal GovernmentEconomySocial IssuesAsiaLatin America Akmal RasulovIskander ShukurovHuman SmugglingMoney LaunderingUzbekistanNew YorkFBI
-
Florida Man Sentenced to Over 5 Years for COVID Loan Fraud, Investor Scams, and Money Laundering
Florida resident Thomas Aaron Signorelli received a 63-month federal prison sentence for defrauding COVID-19 loan programs, scamming investors, obstructing justice, and stealing funds intended for money laundering, causing over $1.9 million in losses.
Law EnforcementBusinessPolitics and GovernmentLegalFederal GovernmentEconomyFinancial Markets Thomas Aaron SignorelliBank FraudWire FraudMoney LaunderingCOVID-19 LoansObstruction of JusticeSan FranciscoFBI
-
Medina Man Sentenced to 10 Years for Drug Manufacturing and Firearm Possession
Andrew Meyers, 29, of Medina, Ohio, received a 10-year prison sentence for manufacturing and distributing MDMA, Ketamine, and marijuana from his home, along with illegal firearm possession and money laundering.
Law EnforcementPolitics and GovernmentBusinessLegalFederal GovernmentEconomySocial Issues Andrew MeyersMedina, OhioDrug TraffickingFirearm PossessionMoney LaunderingMDMAKetamineFBI
-
Leader of Fentanyl Trafficking Ring Sentenced to Nearly 20 Years in Prison
Thomas Padovano, a leader of a drug trafficking organization, received a 234-month prison sentence for distributing fentanyl analogues and laundering over $300,000 in drug proceeds in New Jersey.
Politics and GovernmentLaw EnforcementHealthFederal GovernmentState GovernmentsLegalSocial Issues Drug TraffickingFentanylMoney LaunderingNewarkNew JerseyThomas PadovanoFBI
-
Delco Woman Pleads Guilty in $7.1 Million Money Laundering Conspiracy
Christina Williams, 31, pleaded guilty to money laundering conspiracy, helping to launder over $7.1 million from EIDL and BEC fraud. Her mother, Rosemarie Dixon, also pleaded guilty in the scheme involving sham businesses.
Law EnforcementPolitics and GovernmentBusinessFederal GovernmentLegalEconomyMilitary Christina WilliamsRosemarie DixonMoney LaunderingFraudDrexel HillFBILegal Issues
-
Former DuBois City Employee Pleads Guilty in $1.5 Million Embezzlement Scheme
Former DuBois City employee Roberta Shaffer pleaded guilty to federal program theft and money laundering, admitting her role in a $1.5 million embezzlement scheme with former City Manager John Suplizio.
Politics and GovernmentLaw EnforcementFederal GovernmentState GovernmentsLegalGeneral PoliticsEconomy Roberta ShafferDuBois, PennsylvaniaFederal Program TheftMoney LaunderingJohn SuplizioEmbezzlementFBI
-
Investment Company Owner Sentenced to 12 Years for $2 Billion Fraud, Bribery, and Money Laundering
Greg Lindberg received a 12-year prison sentence for orchestrating a $2 billion fraud, money laundering, and bribery scheme. His actions bankrupted insurance companies, leaving thousands of policyholders owed over $1 billion.
Politics and GovernmentBusinessLaw EnforcementState GovernmentsEconomyFinancial MarketsLegalElection Greg LindbergFraudMoney LaunderingBriberyInsurance CompaniesNorth Carolina Department of InsuranceEli Global LLCFBI
-
Nigerian National Extradited to U.S. for Elderly Romance Fraud Scheme
Samuel Ugberaese, a Nigerian national, has been extradited to the U.S. to face charges in a cross-border romance fraud and money laundering scheme targeting the elderly. He faces up to 40 years in prison if convicted.
Law EnforcementBusinessPolitics and GovernmentWorldEconomyLegalFederal GovernmentSocial IssuesGeneral Politics Samuel UgberaeseRomance FraudWire FraudMoney LaunderingExtraditionNigeriaElderly VictimsFBI
-
Google Software Engineer Accused of $1.2M Insider Trading on Polymarket
Google engineer Michele Spagnuolo faces charges for allegedly using internal confidential data to make over $1.2 million in illicit profits through insider trading on the prediction market platform, Polymarket.
BusinessLaw EnforcementLegalFinancial MarketsEmployment and LaborFederal Government Michele SpagnuoloGoogleInsider TradingPolymarketCommodities FraudWire FraudMoney LaunderingFBI
-
Texas Woman Indicted for Alleged $3 Million Fraud Against Colorado Companies
Emily Katherine Merrill, 41, of Cypress, Texas, faces ten counts of wire fraud and three counts of money laundering for allegedly defrauding two Colorado-based companies of over $3 million through financial schemes.
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomyEmployment and Labor Emily Katherine MerrillWire FraudMoney LaunderingColoradoLafayetteDenverFBI
-
Ten-Time Convicted Felon Charged in $1.5 Million Elderly Romance Fraud
Troy Clinton Van Sickle, a 10-time convicted felon, faces federal charges for allegedly defrauding an elderly woman of over $1.5 million in a romance scheme and obstructing the FBI investigation.
Law EnforcementBusinessPolitics and GovernmentFederal GovernmentEconomyFinancial MarketsLegalSocial Issues Troy Clinton Van SickleRomance FraudElder JusticeSan DiegoFBIMoney LaunderingObstruction of Justice
-
Justice Department Recovers Over $6 Million in Additional 1MDB Funds
The Justice Department has recovered over $6 million in additional funds linked to the 1MDB Malaysian sovereign wealth fund scheme, including a luxury New York apartment and rental income.
Law EnforcementBusinessPolitics and GovernmentWorldLegalEconomyFederal GovernmentBankingGeneral Politics Justice Department1MDBMoney LaunderingCivil ForfeitureNew YorkJho LowMalaysiaFBI
-
Founder of Investment Firm Sentenced for $20 Million Bank Fraud
John Arthur Hanratty, founder of Ebury Street Capital, received a 12-month prison sentence for defrauding an FDIC-insured bank of nearly $20 million through inflated collateral and false claims, causing significant losses.
Law EnforcementBusinessLegalBankingFinancial MarketsFederal Government John Arthur HanrattyEbury Street CapitalBank FraudMoney LaunderingSentencingNew YorkFinancial CrimeFBI