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Acting Mass. U.S. Attorney: Rhode Island Business Owner to Plead Guilty to Money Laundering Conspiracy and Obstruction of Justice
August 18, 2023
BOSTON, Massachusetts, Aug. 18 -- The Acting U.S. Attorney for the District of Massachusetts, Joshua S. Levy, issued the following news release on Aug. 17, 2023:

A Rhode Island man and the owner of a "virtual CFO" business has been charged and has agreed to plead guilty to laundering tens of millions of dollars in proceeds from internet fraud schemes by creating shell companies and opening fraudulent business bank accounts.

Craig Clayton, 73, of Cranston, R.I . . .

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