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Recent Posts in Money Laundering Category

Federal Agents Bust Online Drug Market in International Sting

Drug operators running an online narcotics marketplace through a virtual network facilitated sales of illegal drugs to 3,000 people in 34 countries and every single state in the United States, ...
Continue reading "Federal Agents Bust Online Drug Market in International Sting" »

Two Arrested for Stealing $2 Million from Movie Studio

For five years, an employee at Santa Monica based Lionsgate Entertainment arranged for the company to pay a cardboard salesman more than $2 million for marketing display boxes he never delivered. Both ...
Continue reading "Two Arrested for Stealing $2 Million from Movie Studio" »

Drug Kingpin Pleads Guilty to Federal Racketeering and Conspiracy

In San Diego, California, former drug kingpin Benjamin Felix pleaded guilty to federal racketeering and money-laundering conspiracy charges. This marks the end of a decade-old case that targeted ...
Continue reading "Drug Kingpin Pleads Guilty to Federal Racketeering and Conspiracy" »

Six Foreign Nationals Indicted in Massive Car-Selling Scheme

A federal grand jury in Los Angeles has indicted six foreign nationals for running an elaborate money laundering scheme that scammed hundreds of customers out of more than $4 million in fake Internet ...
Continue reading "Six Foreign Nationals Indicted in Massive Car-Selling Scheme" »

Beverly Hills Man Indicted on Federal Fraud and Money Laundering Charges

In Los Angeles, California, a Beverly Hills man has been indicted on federal fraud and money laundering charges for running an investment scheme that collected more than $9.5 million from victims who ...
Continue reading "Beverly Hills Man Indicted on Federal Fraud and Money Laundering Charges" »

Orange County, California Man Indicted in Investment Fraud Case

In Santa Ana, California, an Irvine man pleaded not guilty after surrendering to special agents with the FBI in an investment scheme case that allegedly involved losses totaling $2.4 million. Charles ...
Continue reading "Orange County, California Man Indicted in Investment Fraud Case" »

Financial Advisor Charged with Defrauding Investors

In Fresno, California, Jesse Alvin Cripps Sr., of Visalia, California, surrendered to the FBI this morning in Dallas. He is charged with 27 counts of mail fraud and three counts of money laundering, a ...
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Santa Barbara Man Pleads Guilty to Federal Fraud and Tax Evasion

In Los Angeles, California, the promoter of a bogus investment scheme involving distressed business assets pleaded guilty to federal charges related to a Ponzi scheme in which he raised at least $12 ...
Continue reading "Santa Barbara Man Pleads Guilty to Federal Fraud and Tax Evasion" »

Indictment Unsealed in Redding Mortage Fraud Investigation

In Sacramento, California, a United States Attorney announced that a 13-count indictment was unsealed charging Douglas Heald, of Sacramento; Brandon Hanly, of Redding; and Jerad Maggi in a scheme to ...
Continue reading "Indictment Unsealed in Redding Mortage Fraud Investigation" »
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