By Dan Byrne for AMLi
Two men in the United States have been convicted for a fraudulent telemarketing and money laundering scheme that is estimated to have generated $4.5M in illicit profits.
Both verdicts were heard in a US federal court Wednesday. Manual Chavez (30) of Florida and Mark Oman (36) of Washington were each convicted of six counts of international money laundering, six counts of wire fraud, and one count each of ‘conspiracy to commit’ the above.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
