Tag:

Money Laundering

North Jersey Man Helped Russia Acquire Millions In Military Equipment: Feds North Jersey Man Helped Russia Acquire Millions In Military Equipment: Feds
North Jersey Man Helped Russia Acquire Millions In Military Equipment: Feds A 43-year-old Saddle River man admitted on Friday, Nov. 1 to helping Russia acquire sensitive electronics for its miliary and intelligent services, authorities said. Vadim Yermolenko faces up to 30 years in prison after pleading guilty to conspiracy to violate the Export Control Reform Act, conspiracy to commit bank fraud, and conspiracy to defraud the United States for his role in a transnational procurement and money laundering network that sought to acquire sensitive dual-use electronics for Russian military and intelligence services, U.S. Attorney's Office, Eastern District of New Y…
NY Man Scams Elderly NJ Resident Out Of $432K In Home Improvement Scheme: Prosecutor NY Man Scams Elderly NJ Resident Out Of $432K In Home Improvement Scheme: Prosecutor
NY Man Scams Elderly NJ Resident Out Of $432K In Home Improvement Scheme: Prosecutor A New York man has been charged with money laundering on accusations he stole $432,000 from an elderly New Jersey resident in a home improvement scam, authorities said. Abba Cohen, 42, of Flushing, NY, received the money in his bank account as payment for a home improvement scam on an elderly Woodland Park resident, Passaic County Prosecutor Camelia M. Valdes said. Authorities were notified on April 25, and following an investigation, Cohen was charged with one count of second-degree conspiracy to commit theft by deception; one count of second-degree receiving stolen property; and…
NJ-Based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds NJ-Based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds
Nj-based TD Bank Fined $3B For Allowing Drug Dealers, Human Traffickers To Launder Money: Feds TD Bank has agreed to pay about $3 billion in historic penalties after its relaxed policies allowed criminals to launder their money, authorities said. The Canadian bank with U.S. headquarters in Cherry Hill pleaded guilty to charges of conspiring to not maintain an anti-money laundering program that complies with the Bank Secrecy Act, filing inaccurate currency transaction reports, and laundering money, the Justice Department said in a news release on Thursday, Oct. 10. TD Bank will pay more than $1.8 billion to resolve the DOJ's investigation and $1.3 billion in a penalty f…
FBI Helps Catch Skillman Woman Wanted In Armed Bank Robbery, Police Say FBI Helps Catch Skillman Woman Wanted In Armed Bank Robbery, Police Say
FBI Helps Catch Skillman Woman Wanted In Armed Bank Robbery, Police Say A Skillman woman was accused of robbing a bank in Princeton about two months ago, authorities said. Ciara Brascom, 37, was arrested on Tuesday, Sept. 26, the Princeton Police Department said in a news release. She was wanted in an armed robbery at TD Bank. Officers responded to a panic alarm at the State Road bank on Sunday, July 28. A teller then called 911 to report the robbery in progress. Investigators said the suspect approached the counter, pulled out a black semi-automatic gun, and handed the teller a note that demanded money. The suspect got an undisclosed …
$1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says $1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says
$1.1M In Drugs, 5 Firearms, $65K Seized From NJ Man, Prosecutor Says A 35-year-old Mercer County man is facing a slew of charges after investigators uncovered $1.1 million in drugs, five handguns, and $65,000 in cash from him, authorities said. James Nalbone Jr., 35, of Hamilton Township, was arrested on Wednesday, Aug. 7, following a month-long investigation, Acting Mercer County Prosecutor Theresa L. Hilton said. Detectives detained Nalbone at his home on Byron Avenue and executed a search warrant, Hilton said. Sgt. Tom Paglione's K-9 partner, Indy, gave positive indications of a drug odor at multiple locations within the premises, poli…
Felon From NJ Charged With Child Rape In Lebanon, PA: Affidavit Felon From NJ Charged With Child Rape In Lebanon, PA: Affidavit
Felon From NJ Charged With Child Rape In Lebanon, PA: Affidavit A New Jersey man with a felony criminal record in both Pennsylvania and New Jersey has been arrested on child rape charges police announced on Thursday, Aug. 1.  Jose Enrique "Enrico" Rivas, 47 of Newark, NJ, was arrested in New Jersey on a warrant issued by Lebanon City Police on Wednesday, July 31, as detailed in the police release. Rivas will be extradited to Lebanon, PA, the police explained.  A 13-year-old girl's guardian made the ChildLine call after the girl told them "I woke to his fingers in me and then he put his pp in me" and "I was just raped and he is still upstairs,…
Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG
Middlesex County Men Indicted In Alleged $7M Fuel Investment Scheme: AG A New Jersey grand jury has indicted two Middlesex County men for allegedly defrauding fuel investors out of approximately $6.7 million, authorities said. The scheme used sham companies and false identities to deceive investors into believing they would receive large guaranteed returns from investments in fuel products, according to Attorney General Matthew J. Platkin. Instead, the defendants diverted investor funds for their own benefit, Platkin said. Shahid Javed, 39, of Old Bridge, and Wilfredo Topacio, 64, of Woodbridge, were charged in an indictment with first-degree conspiracy, …
AGAIN: Big Purple Bud Bus Guy, Woman Arrested After Series Of Raids Across NJ, NY, Cops Say AGAIN: Big Purple Bud Bus Guy, Woman Arrested After Series Of Raids Across NJ, NY, Cops Say
Again: Big Purple Bud Bus Guy, Woman Arrested After Series Of Raids Across NJ, NY, Cops Say The New York owner of a popular cannabis company known for its fleet of purple buses and vans was taken into custody, as was a woman, on Wednesday, July 10, following a series of raids across New Jersey and New York, authorities said. Searches on Bill Schlette’s Bud Bus Inc. locations Hewitt, Manahawkin, Keyport, and West Nyack, NY turned up $200,000 in cash, according to West Milford Police Capt. Parrello. Back in May, West Milford police executed search warrants at five Bud Bus locations in town where 150 pounds of marijuana were seized, along with $11,000 in cash, police said. A warrant …
23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK 23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK
23-Year-Old Taiwanese Operator Of $100 Million Dark Web Drug Market Seized By Feds At JFK Federal agents at JFK Airport seized a 23-year-old Taiwanese national who the Justice Department said owned and operated a dark web drug bazaar that produced well over $100 million in sales. The “Incognito Market” created by Rui-Siang Lin enabled its users to anonymously buy and sell drugs around the globe for nearly 3½ years, US Attorney General Merrick B. Garland and other federal officials announced on Monday, May 20. Lin -- also known as Ruisiang Lin, 林睿庠, Pharoah, and faro – mastermineded a clandestine e-commerce network where buyers could browse thousands of listings for heroin, LSD, …