U.S. Indicts 19 Persons for Transnational Fraud and Money Laundering Rings

On March 1, 2017, the U.S. Attorney for the District of Columbia and other law enforcement officials announced the unsealing of federal indictments charging 19 persons in connection with their participation in various international fraud and money laundering conspiracies. These schemes led to more than $13 million in losses, including one scheme in which mid-level corporate employees were tricked into wiring millions of dollars to bank accounts under control of those in the criminal enterprise.