The indictment charges Georg Ingenbleek, 54, of Germany with four counts of money laundering, two counts of mail fraud, and one count of obstruction of justice. It is unclear if he has acquired legal representation.
The Department of Justice (DOJ) has reached a settlement of its civil forfeiture case against Khadem al-Qubaisi, an Emirati businessman who allegedly misappropriated billions from a Malaysian investment development fund and laundered the money in the U.S. by buying high-end properties.
1Malaysia Development Berhad (1MDB) is an investment development fund created by the Malaysian government to promote economic development in Malaysia through direct foreign investments and international partnerships. Its funds were intended to be used for improving the lives of the Malaysian people.
Federal prosecutors arrested the owners of two Georgia-based telemedicine companies on Feb. 4th on charges of conspiracy ranging from fraud to money laundering. Reinaldo Wilson, 51, and his wife, Jean Wilson, 49, allegedly led a scheme to receive kickbacks and bribes for ordering orthodontic braces through Medicare for people who didn’t need them. The indictment indicates the plan operated between March 2017 and April 2019.
The U.S. Attorney’s Office for the Central District of Illinois announced the indictment of the former president of an Illinois-based non-profit organization for allegedly stealing more than $400,000 from the charity.
Carol Babbitt, 60, was charged with mail fraud, wire fraud, and money laundering. She was released from custody on February 7 after her initial appearance in federal court. The press did not name an attorney for her.
A Miami man was arrested on federal charges for his alleged involvement in a $1.5 million fraud scheme that targeted the U.S. Postal Service (USPS), the U.S. Attorney’s Office for the Southern District of Florida announced this week.
Edwin Jim Garcia-Albarracin of Miami was charged with 10 counts of wire fraud, 10 counts of mail fraud, and 12 counts of money laundering. The press did not name an attorney for him.