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in Money Mules / Laundering
mocoshow.com
· 2025-12-07
An 80-year-old Gaithersburg resident lost over $26,000 in a government impersonation scam where fraudsters falsely claimed to be U.S. Treasury Department agents demanding payment to avoid criminal charges. James Smith, 30, of Gaithersburg, Maryland, was arrested in Culpeper County when he arrived to collect an additional $10,000 that authorities had arranged as part of an undercover operation, and he was charged with money laundering, conspiracy to commit a felony, and obtaining money by false pretenses. Authorities indicate the scheme was part of a larger operation intended to send collected funds overseas and warn residents to report suspicious demands for money
justice.gov
· 2025-12-07
Olamide Shanu, 34, a Nigerian national, was extradited to the United States and charged with eight counts including wire fraud, extortion, and cyberstalking for operating sextortion and romance scams that targeted victims across the United States. Shanu and his conspirators posed as women on social media to coerce male victims into sending explicit images, then threatened to distribute those images unless paid, defrauding victims of at least $2 million with proceeds laundered through peer-to-peer payment apps and cryptocurrency. If convicted, Shanu faces up to 20 years in federal prison and restitution to victims.
dailyfly.com
· 2025-12-07
A 34-year-old Nigerian man was extradited to the United States to face federal charges for operating cyber-enabled sextortion and romance scams that targeted victims across the country, including an Idaho college student. Shanu and his co-conspirators impersonated women on social media to coerce victims into sharing sexual images, then extorted money by threatening to distribute the images to family and friends, while also conducting romance scams and laundering at least $2 million in proceeds through payment platforms and cryptocurrency. If convicted on eight counts including wire fraud, identity theft, extortion, and money laundering, Shanu faces up to 20 years in federal prison and restitution to victims.
ny1.com
· 2025-12-07
Eight individuals across the U.S. were arrested and charged with defrauding 139 seniors of over $11 million through romance scams, counterfeit checks, gold bar schemes, account hacking, and identity theft. The defendants, operating from New Jersey, Georgia, Florida, Ohio, and Rochester, face charges including wire fraud, money laundering, and identity theft, carrying sentences of up to 15-30 years in prison. The arrests were facilitated by Save Our Seniors, a collaborative task force of federal, state, and local authorities formed to investigate elder fraud cases.
13wham.com
· 2025-12-07
Estermarie Jones, 35, of Rochester, New York, faced federal charges for identity theft and fraud targeting senior citizens between June 2024 and July 2025, causing $190,032 in losses and attempted losses. Jones used victims' personal information to create fraudulent identification documents and bank cards, which she used to open accounts, register businesses, and steal funds. A fraud prevention expert emphasized the devastating impact on elderly victims who may lose their life savings with no resources to recover, and authorities recommend filing complaints with the Internet Crime Complaint Center.
kfvs12.com
· 2025-12-07
A 31-year-old Missouri man and 12 others were charged for operating a grandparent scam that defrauded over 300 elderly victims across five states of more than $5 million, with victims averaging 84 years old. The scheme involved callers posing as grandchildren or their lawyers claiming emergency situations, using rideshare drivers to collect cash from victims' homes or accompany them to banks. Law enforcement warns that scammers increasingly use AI voice-cloning technology to impersonate family members convincingly, making victims more likely to act urgently without verifying the caller's identity.
spectrumlocalnews.com
· 2025-12-07
Eight individuals from New Jersey, Georgia, Florida, Ohio, and New York were arrested and charged with defrauding 139 seniors of over $11 million through romance scams, counterfeit checks, gold bar schemes, account hacking, and identity theft. The defendants, including Dhruv Patel who defrauded at least 12 victims of over $9.1 million, face charges including wire fraud, money laundering, and identity theft carrying sentences of up to 15-30 years in prison. The arrests were coordinated through Save Our Seniors, a working group formed in April to combat elder fraud across state lines.
wellsvillesun.com
· 2025-12-07
Eight defendants were arrested in "Operation Save our Seniors," a federal enforcement effort targeting fraud schemes against senior citizens, resulting in over $11 million in actual and attempted losses across 139 victims primarily in Western New York. The defendants engaged in various scams including customer support fraud, romance scams, check fraud, and identity theft, with ringleader Dhruv Patel alone accused of defrauding at least 12 elderly victims out of more than $9.1 million. Charges carry penalties ranging up to 30 years in prison, and several defendants had prior fraud-related convictions.
justice.gov
· 2025-12-07
An operation called "Save our Seniors" resulted in the arrest of eight defendants across seven criminal complaints for defrauding over 139 senior citizens out of more than $11 million through various schemes including customer support scams, romance fraud, check fraud, and account hacking. Key defendants include Dhruv Patel, accused of orchestrating customer support scams that defrauded at least 12 victims of over $9.1 million; Stephen Odiboh, who received $70,000 from a romance scam victim who lost $175,000; and Renee Thompson, charged with creating counterfeit checks totaling over $193,000. The defendants
spectrumlocalnews.com
· 2025-12-07
Eight people from across the U.S. were arrested and charged with defrauding 139 seniors of over $11 million through romance scams, counterfeit checks, gold bar schemes, account hacking, and identity theft. The defendants, operating in New Jersey, Georgia, Florida, Ohio, and New York, face charges including wire fraud, money laundering, and identity theft, with sentences carrying up to 15-30 years in prison. The arrests were facilitated by Save Our Seniors, a working group of federal, state, and local authorities formed to collaborate on elder fraud investigations.
whec.com
· 2025-12-07
Eight individuals from Georgia, Ohio, Florida, New Jersey, and Western New York were arrested for participating in elder fraud schemes that defrauded over 139 victims nationwide of more than $11 million in actual and attempted fraud. The suspects employed various tactics including romance fraud, customer support scams, impersonation of federal employees, retirement account hacking, counterfeit checks, and identity theft. The arrests were made by the "Save Our Seniors" task force, a collaborative effort between federal, state, and local law enforcement agencies, with one of the arrested individuals, Estermarie Jones, being from Rochester.
13wham.com
· 2025-12-07
Eight individuals, including a Rochester woman, were charged federally after defrauding over 139 Western New York seniors of approximately $11 million through romance scams, account hacking, identity theft, and customer support scams. The defendants used various tactics such as creating fake driver's licenses, opening fraudulent bank accounts, and impersonating government employees to steal victims' personal information and money. The charges include mail fraud, wire fraud, and money laundering conspiracy, with the investigation led by a newly formed Rochester-based working group called Save Our Seniors.
wxxinews.org
· 2025-12-07
Eight individuals across the United States were arrested on federal charges for defrauding senior citizens in the Rochester region of more than $11 million through various schemes including romance scams, fake customer support, and government agency impersonation targeting 139 elderly victims. The defendants employed diverse tactics, such as posing as federal agents to extract "processing fees" from previous scam victims (with one 89-year-old losing over $300,000) and fraudulent credit card charges designed to redirect victims to scammer-controlled customer service lines. Charges include wire fraud, money laundering, mail fraud, identity theft, and computer fraud, carrying maximum penalties of 15 to 30
newsweek.com
· 2025-12-07
Scammers are sending fraudulent emails to seniors claiming their Social Security numbers are involved in criminal activities and threatening to suspend benefits unless they act immediately. The Social Security Administration never sends emails (only letters from .gov addresses), and Social Security numbers cannot be suspended; victims who engage with scammers risk losing money and having their identities stolen. Seniors should ignore these emails, never click links or call numbers in suspicious messages, and contact official Social Security field offices directly or consult trusted family members or financial professionals with questions about their benefits.
13wham.com
· 2025-12-07
Eight individuals, including a Rochester woman, were charged federally after defrauding over 139 Western New York seniors of approximately $11 million through romance scams, account hacking, identity theft, and customer support scams. Estermarie Jones allegedly used victims' personal information to create fraudulent driver's licenses and open bank accounts, while the suspects faced charges including mail fraud, wire fraud, and money laundering conspiracy. The investigation was aided by a newly formed Rochester-based task force called Save Our Seniors.
krdo.com
· 2025-12-07
A Nigerian national living in Minnesota was sentenced to 71 months in prison for operating a romance scam that defrauded a widowed Colorado woman of $1.6 million. Adetomiwa Seun Akindele posed as a wealthy Italian American businessman named "Frank Labato" online, and after gaining the victim's trust, claimed financial hardship and requested money, which he then laundered through cryptocurrency before depositing it into his bank accounts. Following his prison term, Akindele will be deported.
justice.gov
· 2025-12-07
Precious Cruse, owner of Caring Through Love, a prenatal care coordination company, was convicted on September 12, 2025, of seventeen federal charges including healthcare fraud, identity theft, and money laundering for exploiting vulnerable pregnant women and new mothers. Cruse lured participants with kickbacks of free baby items, then fraudulently submitted claims to Medicaid for services never provided, while using the proceeds to finance a luxury lifestyle. She faces a mandatory minimum of 2 years and up to 20 years imprisonment, with sentencing scheduled for January 20, 2026.
wfmj.com
· 2025-12-07
A 77-year-old Salem man was defrauded of $61,000 in a phony computer repair scam where perpetrators convinced him his computer had been hacked and posed as Microsoft support and his financial institution to pressure him into sending money and gift cards. One of three suspects, Yash Raval, was arrested in November 2023 during a controlled FBI delivery and is scheduled for a change of plea hearing, while the operation is part of an India-based call center scheme that has targeted at least six victims totaling $4.8 million in elder fraud.
positivelynaperville.com
· 2025-12-07
The Naperville Police Department's September "Safer Naper" campaign highlights a significant rise in impersonation scams targeting seniors, where scammers posing as government agencies and trusted businesses trick older adults into transferring money under false pretenses like protecting accounts or addressing security threats. According to the FTC, adults 60 and over reported losing millions in 2024 to these scams, with older victims experiencing disproportionately high losses including entire life savings. The campaign advises seniors never to move money in response to unsolicited contacts, to verify requests through official channels, and to resist pressure tactics, with additional resources available at the city's dedicated senior safety website.
ca.finance.yahoo.com
· 2025-12-07
A 36-year-old Canadian man, Jia Hua Liu, was arrested in July at a Louisville airport after defrauding seniors across multiple U.S. states of approximately $309,000 through in-person and attempted scams. Liu targeted vulnerable seniors by convincing them to withdraw cash, with one Charlestown, Massachusetts resident losing $27,000; family members prevented an additional $70,000 in losses by intervening in other attempts. The article notes that seniors are particularly vulnerable to fraud due to factors including significant savings, lower familiarity with digital scams, cognitive decline, and social isolation, with 2024 Canadian fraud losses alone exceeding $638
positivelynaperville.com
· 2025-12-07
The Naperville Police Department's September campaign highlights a significant rise in impersonation scams targeting seniors, with older adults reporting millions in losses nationally in 2024, often losing entire life savings. Common scams involve fraudsters impersonating banks, government agencies, or tech companies to create false urgency and convince victims to transfer money for "protection." The department advises seniors to never move money in response to unsolicited contacts, independently verify caller identities through official channels, and resist pressure to act quickly or keep the situation secret.
news.ssbcrack.com
· 2025-12-07
In September 2025, Thailand's Bank of Thailand froze over 3 million bank accounts and imposed daily transfer limits of 50,000-200,000 baht to combat online scams that had stolen approximately 6 billion baht from victims. While the freeze targeted "mule accounts" used for money laundering, it inadvertently froze accounts of innocent users including small business owners and elderly individuals, causing widespread panic and economic disruption. The BOT committed to expedited account reviews but faced criticism over insufficient victim support systems, bureaucratic delays, and broader impacts on Thailand's digital economy and expatriate communities.
webpronews.com
· 2025-12-07
The Bank of Thailand froze over 3 million bank accounts and imposed daily transfer limits of 50,000-200,000 baht in September 2025 to combat online scams that have cost victims an estimated 6 billion baht. While targeting fraudulent "mule accounts," the measures have inadvertently affected innocent users including small businesses, vendors, elderly citizens, and foreign residents, causing widespread economic disruption and panic. Critics argue the automated detection system casts too wide a net, and the BOT has promised expedited account reviews but faces skepticism over implementation delays and insufficient victim support mechanisms.
fallriverreporter.com
· 2025-12-07
A former U.S. Postal Inspector in Massachusetts was indicted on 45 federal charges for stealing over $330,000 from mail sent by elderly scam victims between 2019 and 2023, with victims averaging 75 years old and losing amounts between $1,400 and $19,100. Scott Kelley, who headed the Mail Fraud Team investigating scams targeting seniors, allegedly intercepted approximately 1,950 suspicious parcels and pocketed cash from them, then laundered the funds through money orders and personal accounts while spending on luxury items including a pool deck, Caribbean cruises, and other goods and services. He also allegedly stole $7,000
hometownstations.com
· 2025-12-07
Eight defendants, all Indian nationals except one Ohio resident, were prosecuted for operating a transnational money laundering conspiracy that defrauded victims across Ohio, Michigan, Illinois, and Indiana of their life savings between May and November 2023. The scheme involved "phantom hacker" scams where fraudsters falsely claimed victims' accounts were compromised, then impersonated law enforcement to pressure victims into transferring funds for supposed "protection," resulting in nearly $4 million in restitution ordered and prison sentences ranging from 2 to 6 years. The last defendant, Kishan Vinayak Patel, 26, received a 46-month sentence after conviction on money
echolive.ie
· 2025-12-07
A 20-year-old student, Darragh Sutcliffe, pleaded guilty to money laundering and giving a false statement after allowing scammers to deposit €16,350 in stolen funds from a smishing/phishing scam into his bank account between May 23-25, 2023, in exchange for a promised €400 he never received. The proceeds came from three victims, including a Cork woman who lost €9,350 through an E-flow text scam, and €3,500 was withdrawn before the account was frozen; Sutcliffe admitted to filing a false police report but was considered a "non-complicit money mule" by
wgal.com
· 2025-12-07
Scammers are targeting seniors with fraudulent emails claiming their Social Security numbers are involved in criminal activities and threatening to suspend benefits. The emails do not originate from legitimate Social Security Administration sources (which only send letters from .gov addresses) and the scammers use phone calls with threats of fines to extract victims' personal information and Social Security numbers.
newsmeter.in
· 2025-12-07
A 75-year-old resident of Yakutpura, Hyderabad, lost Rs 21,01,650 to a digital arrest scam in August-September when fraudsters posing as police officers via WhatsApp video calls claimed his Aadhaar had been misused in a money laundering case and threatened him with arrest and imprisonment. The scammers used fake documents, forged government letters, and impersonated an IPS officer to pressure him into transferring funds for "verification," ultimately deceiving him across five transactions before he realized the fraud and filed a complaint. The case highlights the common tactics of digital arrest scams that exploit fear and secrecy to target
justice.gov
· 2025-12-07
Yveler Marcellus was convicted of conspiracy to commit money laundering and mail/wire fraud for his role in a transnational "tech support" scam operating between January 2022 and December 2023. The scheme, orchestrated with co-conspirators based in India and the U.S., targeted vulnerable victims by convincing them to send money via checks and money orders, which Marcellus and his associates then laundered through bank accounts before sending proceeds to India, defrauding victims across the United States of over $12 million. Marcellus faces up to 40 years in prison, and seven co-conspirators have already pleaded guilty.
newsbreak.com
· 2025-12-07
Eight individuals were sentenced to federal prison for operating an international "phantom hacker" scam that defrauded victims across Ohio, Michigan, Illinois, and Indiana of tens of millions of dollars between May and November 2023. The conspirators posed as company officials and law enforcement agents to convince victims their financial accounts were compromised, then persuaded them to withdraw cash or gold bars for alleged safekeeping, which was then distributed among the scammers. The defendants were ordered to pay nearly $4 million in restitution, with sentences ranging from 24 to 72 months in prison.
businessworld.in
· 2025-12-07
Cybercrimes against India's elderly surged 86% between 2020 and 2022, with criminals exploiting vulnerabilities including loneliness, cognitive decline, and digital illiteracy through impersonation scams, investment fraud, romance scams, and technical deception. Notable cases include a retired colonel losing Rs 3.4 crore after fraudsters impersonated law enforcement and a 75-year-old losing Rs 13 crore through a WhatsApp investment scam, with digital payment fraud projected to exceed Rs 1.2 lakh crore by 2025. Experts emphasize that protection requires a blend of technological safeguards (AI
nzherald.co.nz
· 2025-12-07
An elderly couple in New Zealand lost tens of thousands of dollars after being contacted by phone and tricked into providing their PIN and placing their bank card in their mailbox for collection. Law enforcement and online safety experts described the scam as increasingly sophisticated, noting that scammers use psychological manipulation tactics and that anyone—not just older adults—can fall victim, though only about 17% of scam victims successfully recover their money. The incident highlighted the importance of technology education and warned against allowing family members to assist with online banking, as they may access sensitive information.
wislawjournal.com
· 2025-12-07
Ankurkumar Patel, a Brookfield man, was indicted on money laundering charges for his role in a "phantom hacker scheme" that defrauded elderly victims across multiple states by posing as customer service and law enforcement agents to trick victims into transferring funds. Patel allegedly personally retrieved over $1 million from victims and conspired to launder the money through anonymous transactions, with one victim from Sheboygan identified in the case. He faces up to 20 years imprisonment and fines up to $500,000 if convicted on the money laundering conspiracy charge.
justice.gov
· 2025-12-07
Eight members of a transnational money laundering conspiracy, seven Indian nationals and one Ohio resident, were sentenced to prison terms ranging from 2 to 6 years for laundering proceeds from "phantom hacker" fraud schemes that victimized residents across Ohio, Michigan, Illinois, and Indiana between May and November 2023. The scam involved fraudsters falsely claiming victims' accounts were compromised, then impersonating law enforcement to pressure victims into transferring their life savings under the guise of account protection. The eight defendants were ordered to pay nearly $4 million in restitution to victims who lost their life savings.
gmtoday.com
· 2025-12-07
Federal authorities indicted Brookfield resident Ankurkumar Patel, 41, for participating in "phantom hacker scams" that defrauded elderly victims across multiple states of over $1 million. Patel allegedly served as a money launderer in the scheme, physically collecting gold bars and cash from victims who were tricked by scammers posing as government agents and company representatives claiming their identities had been compromised. Specific victims included a Vietnam veteran in Illinois who lost over $1 million in gold bars and a Sheboygan elderly woman who lost $27,500, with additional fraud occurring in Minnesota and Missouri.
observervoice.com
· 2025-12-07
The U.S. Treasury Department sanctioned multiple scam organizations operating in Burma and Cambodia on September 8, targeting groups responsible for approximately $10 billion in fraud losses from Americans in 2024, including romance scams and fake investment schemes. The sanctions freeze assets and prohibit U.S. citizens and companies from conducting business with two dozen sanctioned entities and individuals, addressing both financial crime and human trafficking operations that have seen a 66% increase in funds stolen from Americans originating from Southeast Asia.
forbes.com
· 2025-12-07
In February 2024, former U.S. Ambassador Cindy Dyer testified to the Senate about the connection between human trafficking abroad and romance scams targeting older Americans, noting that scam centers in Southeast Asia—particularly Cambodia—force trafficking victims to defraud Americans out of millions of dollars and life savings. The FTC estimated that Americans lost $158 billion to all fraud in 2023, with older Americans reporting $277 million in romance scam losses that year, though actual figures are likely much higher due to underreporting. Experts stress that international cooperation is essential to combat these overseas-based scams, but such efforts have been hindered by reduced foreign aid and weakened international all
jsonline.com
· 2025-12-07
Ankurkumar Patel, a 41-year-old Brookfield man, was indicted for operating a "Phantom Hacker Scam" that defrauded elderly victims across multiple states of over $1 million. The scheme involved fraudsters posing as customer service agents or law enforcement officers who convinced victims their accounts were compromised, then directed them to transfer cash or gold to supposedly safe accounts before the funds were laundered through co-conspirators. Patel faces up to 20 years in prison and substantial fines if convicted of money laundering conspiracy and substantive money laundering charges.
justice.gov
· 2025-12-07
Shengsheng He, a California man and co-owner of the Bahamas-based Axis Digital Limited, was sentenced to 51 months in federal prison for his role in an international digital asset investment scam that defrauded U.S. victims of more than $36.9 million. The conspiracy involved overseas scammers contacting victims through unsolicited social media and dating apps to solicit fraudulent digital asset investments, with stolen funds laundered through shell companies, international banks, and digital asset wallets connected to scam centers in Cambodia. He was ordered to pay $26,867,242.44 in restitution, and eight co-conspirators have ple
home.treasury.gov
· 2025-12-07
In 2024, Americans lost over $10 billion to Southeast Asia-based cyber scams operated by transnational criminal organizations, representing a 66 percent increase from the prior year. The U.S. Treasury Department sanctioned 19 scam centers across Burma and Cambodia that used forced labor, debt bondage, and violence to coerce workers into conducting romance and virtual currency investment scams targeting American victims. These operations typically lure victims with promises of romantic relationships or investment opportunities, then steal funds deposited on fraudulent platforms designed to mimic legitimate investment sites.
timesofindia.indiatimes.com
· 2025-12-07
A 62-year-old retired government employee in Visakhapatnam lost over Rs 2.5 crore in a digital arrest scam after fraudsters posing as police officials claimed his Aadhaar card was linked to money laundering and threatened him with arrest warrants and imprisonment. The victim transferred his entire savings under duress before realizing the deception after reading about similar scams. Police report that senior citizens are increasingly targeted in digital arrest fraud schemes across the state, with many victims failing to report due to shame, fear, or lack of awareness.
bbc.com
· 2025-12-07
North Yorkshire Police warned of a surge in social media job scams, receiving 40 reports over six months targeting young people as young as 15. The scams involve fraudsters posing as TikTok HR representatives offering payment for liking or sharing content, then directing victims to suspicious links and requesting money with promises of refunds that never materialize. Police cautioned that these schemes constitute money mule networks and criminal activity that can result in closed bank accounts.
timesofindia.indiatimes.com
· 2025-12-07
A 62-year-old retired government employee in Visakhapatnam lost over Rs 2.5 crore in a digital arrest scam after fraudsters posing as police officials called him claiming his Aadhaar was linked to money laundering and threatened him with arrest warrants. The victim transferred all his savings following the scammers' instructions before discovering the fraud through reading about similar cases and reporting it to cyber crime police. Police note that senior citizens are increasingly targeted in digital arrest scams, with many victims reluctant to report due to shame or lack of awareness.
ainvest.com
· 2025-12-07
Social Security scams surged 46% in 2024, resulting in $4.885 billion in losses and disproportionately affecting retirees who were pressured through fake government alerts to transfer funds or deposit cash into ATMs or cryptocurrency accounts. The FBI and FTC reported that fraud losses for those aged 60+ skyrocketed from $122 million in 2020 to $700 million in 2024, with significant regional impacts such as $99.8 million in losses in Massachusetts alone. To protect themselves, retirees are advised to adopt strategic diversification, use Treasury Inflation-Protected Securities, implement fraud detection technology, maintain social networks, and work with
thehindu.com
· 2025-12-07
A 59-year-old homemaker in Mattancherry lost ₹2.88 crore in a "virtual arrest" scam in which fraudsters, posing as Mumbai police officers, accused her of money laundering and convinced her she was under "virtual arrest" and subjected to a "virtual trial." The victim transferred the money in multiple installments after being threatened and instructed to keep the matter secret, only discovering the fraud when she sought a police clearance certificate.
trmlabs.com
· 2025-12-07
This resource is a law enforcement guide for investigating cryptocurrency-enabled scams, which have caused at least $53 billion in losses since 2023, with figures likely underreported due to delayed victim reporting. The guide provides investigators with essential terminology, investigation methodologies, and blockchain forensics techniques to trace fraudulent cryptocurrency transactions and identify the real-world controllers behind pseudonymous addresses. It serves as a practical manual for police and law enforcement professionals to understand and combat crypto-related investment scams, phishing schemes, and other cryptocurrency fraud.
justice.gov
· 2025-12-07
Antonio Peña and Brandi Durst were indicted in August 2025 for operating a "gold bar scam" that defrauded senior victims across the United States between April 2024 and July 2025. The defendants posed as Federal Reserve agents and government officials, convincing elderly victims to liquidate retirement funds to purchase gold under the false premise of protecting assets from identity theft, then stole the gold and laundered the proceeds. Both face up to 40 years in prison, fines, and restitution if convicted.
patch.com
· 2025-12-07
Two Chinese nationals from Corona, California pleaded guilty to a $16.2 million Apple device fraud scheme in which counterfeit iPhones and iPads were exchanged for genuine devices at Apple stores across Southern California using cloned serial numbers, then resold for profit primarily in China. Yushan Lin and Shuyi Xing, along with four other co-conspirators, exploited Apple's warranty program by visiting multiple retail locations and deceiving the company into replacing counterfeit devices with authentic ones. Additionally, Xing pleaded guilty to laundering over $1 million from elder fraud schemes in a separate money laundering operation.
brooklyneagle.com
· 2025-12-07
Two New Jersey brothers, Abhishek and Tushar Barvalia, were indicted for allegedly defrauding four elderly women aged 76 to 90 out of approximately $400,000 between June 2023 and January 2024. The defendants impersonated government agents, FBI officials, and bank representatives to convince victims their accounts were compromised, instructing them to withdraw funds and transfer money to accounts the perpetrators controlled. The victims, located in Brooklyn, Staten Island, Queens, and Connecticut, were told to keep the transactions confidential, and a total of over $393,000 was stolen through cashier's checks and wire transfers.
justice.gov
· 2025-12-07
Two Chinese nationals, Yushan Lin and Shuyi Xing, pleaded guilty to defrauding Apple Inc. of at least $16.2 million through a scheme involving the fraudulent return of counterfeit iPhones, iPads, and other devices smuggled from China using serial numbers of genuine Apple products. Xing also pleaded guilty to money laundering conspiracy related to over $1 million laundered from elder fraud schemes, making him part of a six-defendant operation that operated across Southern California from December 2015 to March 2024.