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...]

Investors Receive Money from 3 Hebrew Boys Scam

Scam Victims Receiving Restitution in 3 Hebrew Boys Aftermath On Wednesday, October 8th, US Attorney Bill Nettles reported that former investors in the 3 Hebrew Boys scam will begin to receive their part of $19 million, which hopefully is the third of many rounds of restitutions for the scam victims. The first round went out in May 2012, and the second went out in June 2013. Around 3,800 checks were mailed to the former investors, Nettles said in a news release, which gives the victims about 46 cents to every dollar they lost. The three … [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...]

When $10,000 Results in a South Carolina Money Laundering Charge

South Carolina Money Laundering Charge Defense Attorneys A South Carolina Money Laundering Charge is a serious crime with serious consequences.  A  money laundering allegation typically appears combined with other allegations, including a drug crimes charge, fraud, or an allegation that the accused person has obtained money or other property illegally. South Carolina money laundering charges are more common than you think. As recently as Tuesday, June 10th, a South Carolina business owner  was indicted on federal charges for running an … [Read more...]

Thirteen Charged for Identity Theft, Money Laundering in Gas Pump Scheme

Thieves Who Stole Credit Card Information at Gas Pumps Arrested, Charged with Money Laundering Thirteen suspects total have been arrested and charged with identity theft and money laundering in a nationwide gas pump theft scheme, according to federal prosecutors. Four suspects have pleaded not guilty to money laundering, identity theft, credit card fraud, and other federal charges on Monday, January 20th. Nine others were being arrested. Reportedly, the thieves used a device on the side of gas pumps in Georgia, South Carolina, and Texas … [Read more...]