Tag:

Money Laundering

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 Woman Wanted In Central Jersey Armed Bank Robbery, Police Say FBI Helps Catch Woman Wanted In Central Jersey Armed Bank Robbery, Police Say
FBI Helps Catch Woman Wanted In Central Jersey 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 …
Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say
Jersey Shore Salesman Used Client's Credit Card In $200K+ Scheme, Prosecutors Say A Manasquan man was accused of using a former business client’s credit card to buy and resell items in a more than $200,000 scheme, authorities said. Adam Kleinwaks, 55, was charged with second-degree money laundering and theft by unlawful taking, Monmouth County Prosecutor Raymond Santiago said in a news release on Wednesday, Sept. 4. Kleinwaks is a sales representative for Standard Printing Company, according to its website. Investigators said Kleinwaks purchased more than $130,000 of items with a former client's credit card. He then removed labels from "recr…
South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say
South Jersey Woman Who Paid $20K For Service Dog Scammed By WV Breeder, Police Say A West Virginia woman was accused of stealing thousands of dollars from a Galloway Township woman who ordered a service dog but never received one, authorities said. Catherine Causey, 52, of Kearneysville, WV, was arrested on Tuesday, Aug. 20, the Galloway Township Police Department said in a news release. She was charged with theft by deception and money laundering. Galloway police received a report on Tuesday, June 18 of an ongoing theft of about $20,000. A woman said she never received a service dog from Causey Labradors and Training despite making full payments and having cont…
$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…
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, …
Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors
Woman Sentenced For Using Son In Marijuana, Mushroom 'Business' On Jersey Shore: Prosecutors A Somers Point woman will spend several years in prison after admitting to using her teen son to sell marijuana and psychedelic mushrooms through an unlicensed business promoted on Facebook, authorities said. Donna Shiffler, 40, was sentenced on Tuesday, July 9 to five years in state prison, the Atlantic County Prosecutor's Office said in a news release. She pleaded guilty on Tuesday, Apr. 30 to first-degree employing a juvenile, first-degree possession with the intent to distribute marijuana, first-degree maintaining a production facility, and second-degree endangering the welfare of a…
South Jersey Man Who Used Teen Son In Marijuana, Mushroom 'Business' Sentenced: Prosecutors South Jersey Man Who Used Teen Son In Marijuana, Mushroom 'Business' Sentenced: Prosecutors
South Jersey Man Who Used Teen Son In Marijuana, Mushroom 'Business' Sentenced: Prosecutors A Somers Point man will spend several years in prison after admitting to using his teen son to sell marijuana and psychedelic mushrooms through an unlicensed business promoted on Facebook, authorities said. John Garman, 39, was sentenced on Tuesday, May 28 to 10 years in prison, the Atlantic County Prosecutor's Office said in a news release. He pleaded guilty to several charges on Monday, Mar. 18. Investigators began looking into Garman's marijuana "delivery service" called Garmans Goods in March 2023. The business was advertised on Facebook and Garman placed jars of marijuana in …
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, …