Justice Dept.: 4 Men Convicted of $18M Global Investment Fraud Scheme
September 01, 2023
September 01, 2023
WASHINGTON, Sept. 1 -- The U.S. Department of Justice issued the following news release:
A federal jury in the Western District of Arkansas convicted four men yesterday for their lead roles in an investment fraud and money laundering conspiracy that cheated victims out of more than $18 million.
"The defendants abused their positions of trust to entice victims into parting with more than $18 million," said Acting Assistant Attorney General Nicole M. Argentieri . . .
A federal jury in the Western District of Arkansas convicted four men yesterday for their lead roles in an investment fraud and money laundering conspiracy that cheated victims out of more than $18 million.
"The defendants abused their positions of trust to entice victims into parting with more than $18 million," said Acting Assistant Attorney General Nicole M. Argentieri . . .