Tag: unlicensed_money_transmitting

New Jersey Man Sentenced for Unlicensed Money Transmitting Business Linked to Online Scams

2 Jul 2026 3:11 p.m. · Source: FBI

A New Jersey man received a prison sentence for operating an unlicensed money transmitting business. He moved funds from online scams to accounts in China and Turkey, admitting to lying to a bank about the deposits.

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