Each of the defendants has been arrested by the Federal Bureau of Investigation and faces four criminal charges in the United States District Court for the Southern District of New York: conspiracy to commit bank fraud, conspiracy to commit wire fraud that affects a financial institution, conspiracy to launder money and aggravated conspiracy. identity theft. The maximum sentence for all charges combined could be nearly 100 years, the release shows.
FBI arrests trio accused of defrauding US banks of $10 million and converting funds into cryptocurrency
