Leland Yee Pleads Not Guilty to New Money Laundering Federal Charges

Former California State Senator Leland Yee Pleads Not Guilty to 2 New Money Laundering Federal Charges After his arrest last spring, former Democratic California state Senator Leland Yee has pleaded not guilty to barrage of federal charges, including bribery and gun running, with the assistance of notorious San Francisco mobster “Shrimp Boy” Chow. On February 4th, Yee’s indictment saw two new money laundering federal charges, for which the former Senator has also pleaded not guilty. The revised indictment features a total of 230 federal … [Read more...]

Judge Fast-Tracks Leland Yee Corruption Trial to Early 2015

Leland Yee’s Federal Corruption Trial Fast-Tracked for Early Next Year A federal judge has “fast-tracked” Leland Yee’s federal corruption trial, involving numerous racketeering charges, to begin early next year. Yee, a former California state senator, has been charged with fraud, corruption, racketeering, and bribery, among other charges, with at least 28 other defendants. The  federal racketeering charge stems from a federal investigation that lasted 3 years. When Yee, campaign consultant Keith Jackson, and an undercover agent met again … [Read more...]

Massive Money Laundering Operation in LA Busted

Federal Officers Bust Huge Drug Cartel and Money Laundering Operation in Los Angeles On Wednesday, September 10th, federal authorities arrested 9 people in Los Angeles and seized over $65 million in cash in a massive raid on the LA Fashion District that targeted a money laundering operation owned by Mexican drug cartels. Approximately 1,000 agents from the Drug Enforcement Administration, Immigration and Customs Enforcement, the Federal Bureau of Investigation, and the Internal Revenue Service carried out the money laundering operation bust … [Read more...]

Ex-Banker Pleads Guilty to Bank Fraud, Other Charges

Ex-Banker, Presumed Dead, Pleads Guilty to Multiple Bank Fraud Charges A former banker from Georgia, who disappeared for two years and was declared dead before being discovered, pleaded guilty to 17 counts of bank fraud, securities fraud, and wire fraud, on Thursday, June 5th. Price was indicted by the Southern District of Georgia and the Eastern District of New York after he successfully defraud dozens of investors and a bank. Now that he has pleaded guilty to the federal charges, Price faces up to 30 years in prison, plus millions of … [Read more...]

“Real Housewives of Atlanta” Husband Pleads Guilty to Federal Charges

Husband of “Real Housewives of Atlanta” Star Pleads Guilty Federal Charges Including Bank and Wire Fraud Apollo Nida, husband of “Real Housewives of Atlanta” star Phaedra Parks, has pleaded guilty to several federal charges, including bank, wire, and mail fraud. On Tuesday, May 6th, the 35-year-old pleaded guilty to federal charges after dodging questions about his indictment for a year. Last year, the US Attorney General’s Office alleged that Nida and several co-conspirators were part of a huge identity theft ring, cashing stolen US … [Read more...]

Former Myrtle Beach Car Dealer Pleads Guilty to Federal Charges

Former Car Dealer from Myrtle Beach Pleads Guilty to Federal Charges in Plea Deal On Wednesday, November 27th, Howie Lavin pleaded guilty to a federal charge of bank fraud, after being arrested for orchestrating a long-running check-kiting scheme against local financial institutions. Lavin is currently free on an unsecured $200,000 bond. He will formalize his plea agreement on Tuesday, December 3rd in a federal court in Florence, SC. The bank fraud charge is very serious – once convicted, Lavin could face a maximum of 30 years in prison, … [Read more...]

More People Sought in Massive Bank Fraud Ring

More Suspects Sought in Huge South Carolina Bank Fraud Operation On Thursday, the Richland County Sheriff’s Department announced that they had uncovered more suspects in a massive bank fraud scheme. Nine suspects have been arrested so far. The latest investigations into the bank fraud ring uncovered almost 90 individuals who had been recruited to open new bank accounts with TD Bank, Wells Fargo, and Wood Forest Bank in South Carolina. Opening an account cost as little as $100, then accounts were established and a book of starter checks were … [Read more...]

8 Arrested in Felony Lane Gang Case

8 Members of Felony Lane Gang Arrested on Criminal Charges, More Could Be Extradited from Florida On Tuesday, October 8th, Sheriff Leon Lott and SLED announced that, so far, eight members of the notorious Felony Lane Gang have been arrested on criminal charges. The group is comprised of several men and women, based in Florida, who have been charged with breaking into vehicles, stealing checks, IDs, and credit and debit cards. They then take stolen checks to bank drive-thrus, disguised as the victim, and take money out of the victim’s … [Read more...]