Atlanta Feds Charge Dozens in $30 Million Money Laundering Operation

The Federal Docket

March 18, 2020

The DOJ announced that it has arrested 24 people for their involvement in a large-scale fraud and money laundering operation involving phishing scams, romance fraud scams, and retirement account scams.

The defendants are accused of serving as money launderers for a variety of other individuals who engaged in cyber-enabled fraud. The defendants and their co-conspirators are accused of stealing $30 million through their fraudulent schemes and laundering the proceeds through several shell corporations and bank accounts.

The money laundering conspiracy is being charged separately and is being brought against over twenty defendants. There are two separate but related cases charging other individuals of bank fraud, identity theft, and other offenses. These cases involve over 15 defendants.

Click here to read the DOJ’s press release.

Click here to learn about money laundering charges, their penalties, and the available defenses.

Tom Church - Tom is a trial and appellate lawyer focusing on criminal defense and civil trials. Tom is the author of "The Federal Docket" and is a contributor to Mercer Law Review's Annual Survey in the areas of federal sentencing guidelines and criminal law. Tom graduated with honors from the University of Georgia Law School where he served as a research assistant to the faculty in the areas of constitutional law and civil rights litigation. Read Tom's reviews on AVVO. Follow Tom on Linkedin.

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