Tag: Investment Fraud Scheme

  • Investment Fraud Scheme Laundered $43 Million, US Says

    Investment Fraud Scheme Laundered $43 Million, US Says

    US authorities have charged two New York residents with laundering at least $43 million stolen through an international investment fraud scheme. Federal prosecutors claim the defendants managed a network that moved money from American victims into overseas bank accounts. The operation allegedly used 140 accounts opened under the names of around 45 shell companies. The…