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Assistant U.S. Attorney Angelica Sinopole

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Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA
Businessman Admits Laundering $653M In Drug Money Through Banks In NJ, NY, PA A businessman admitted laundering what a federal prosecutor called a "staggering" $653 million in drug money by bribing employees in banks and other financial institutions in New Jersey, New York and Pennsylvania. Da Ying Sze, 43, of Queens said during a plea hearing in U.S. District Court in Newark on Tuesday, Feb. 22, that he deposited the cash into accounts in the names of shell companies and conspirators. Sze said he laundered the money from 2016 to 2021 by buying bank checks, writing personal and business checks and making international and domestic wires to thousands of individuals an…

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by Jerry DeMarco
Police & Fire
ATM Skimming Mastermind Who Victimized 4,350 NJ, NY Bank Customers Gets 5 Years In Fed Pen ATM Skimming Mastermind Who Victimized 4,350 NJ, NY Bank Customers Gets 5 Years In Fed Pen
ATM Skimming Mastermind Who Victimized 4,350 NJ, NY Bank Customers Gets 5 Years In Fed Pen The mastermind of an ATM skimming ring that targeted customers at banks in New Jersey, New York and Massachusetts was sentenced Tuesday to five years in federal prison. Bogdan Rusu, 39, a Romanian national living in Howard Beach, Queens will serve the sentence handed down in U.S. District Court in Newark concurrently with a 65-month sentence given to him last June by a federal judge in Massachusetts. Rusu struck plea deals with the government in exchange for leniency in both cases. He'll have to serve the entire terms because there's no parole in the federal prison system. Rusu admitted in…

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by Jerry DeMarco