Texas U.S. Attorney: Houston Resident Pleads Guilty to Laundering Proceeds From $40M Fraud Scheme
February 12, 2025
February 12, 2025
HOUSTON, Texas, Feb. 12 -- The office of the U.S. Attorney for the Southern District of Texas issued the following news release:
A 43-year-old man has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei.
Bun Khath admitted that from 2016 to 2021, he conspired with others in a bank fraud scheme involving dozens of loans totaling at least $40 million in fraudulent loan proceeds.
As part of the plea, . . .
A 43-year-old man has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei.
Bun Khath admitted that from 2016 to 2021, he conspired with others in a bank fraud scheme involving dozens of loans totaling at least $40 million in fraudulent loan proceeds.
As part of the plea, . . .