Tag: Damian Williams

Damian Williams resigns as DAC
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November 26, 2024

Changing Guard at SDNY: Damian Williams Steps Down Amid Crypto Crackdown!

Damian Williams, the U.S. Attorney for the Southern District of New York and a key figure in high-profile crypto prosecutions, including the Sam Bankman-Fried (SBF) case, will resign on Dec. 13. Deputy U.S. Attorney Edward Y. Kim will serve as Acting U.S. Attorney until a Trump nominee, possibly Jay Clayton, takes over pending Senate confirmation.
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CFO of The Epoch Times arrested over money laundering chargesC
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June 4, 2024

CFO of U.S. Right-Wing Media Firm Faces $67 Million Money Laundering Charges Using Crypto!

The CFO of a prominent multinational media company, Weidong Guan, a/k/a Bill Guan, has been charged with participating in an elaborate scheme to launder approximately $67 million in illicit funds. Guan, who served as CFO for The Epoch Times headquartered in New York City, was arrested recently and will appear before U.S. Magistrate Judge. The case has been assigned to U.S. District Judge Victor Marrero.
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Law enforcement actions against cybercrime organizations in Israel Cyprus and UkraineC
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May 16, 2024

Crypto Crime: Two Brothers Arrested in U.S. for Ingenious $25 Million Ethereum Heist

The brothers Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, were arrested in Boston and New York, respectively, for a sophisticated scheme to exploit the Ethereum blockchain and steal $25 million in cryptocurrency. The indictment, unsealed today, charges the brothers with conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering. Cryptocrime is one of the fastest-growing cybercrime segments.
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Sam Bankman-Fried sentencedP
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March 24, 2024

Pre-Sentencing: The Legal Reckoning of Sam Bankman-Fried and the Cautionary Tale of FTX!

In the coming weeks, the legal fate of two prominent figures in the crypto world will unfold, with Sam Bankman-Fried (SBF), founder of the now-defunct FTX platform, set to receive his sentence. Concurrently, Changpeng Zhao (CZ), the co-founder and former CEO of Binance, awaits his sentencing on April 30, 2024, after he pleaded guilty to violating US financial regulations. The prosecution has proposed sentences spanning several decades for SBF and no less than 18 months for CZ, hinting at the gravity of their offenses.
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Tingo Group founder Odogwu Banye Mmobuosi charged over fraudU
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January 4, 2024

U.S. SEC And DOJ Filed Fraud Charges Against Nigerian FinTech CEO After Short-Seller Report!

Damian Williams, the U.S. Attorney for the Southern District of New York, and James Smith, the Assistant Director in Charge of the New York Field Office of the FBI, have unveiled an Indictment charging Odogwu Banye Mmobuosi, also known as Dozy Mmobuosi, with securities fraud, making false filings with the U.S. SEC, and conspiracy charges. Mmobuosi is still at large.
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Bulgarian crypto queen Ruja Ignatova added to FBI most wanted listF
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November 10, 2023

Former Head Of OneCoin Compliance Pleaded Guilty To Fraud And Money Laundering Charges!

Damian Williams, the United States Attorney for the Southern District of New York, recently announced a significant development in the notorious OneCoin case. Irina Dilkinska, 42, formerly known as the 'Head of Legal and Compliance' for OneCoin, has pleaded guilty to charges of wire fraud and money laundering in connection with her role in the colossal OneCoin fraud scheme. The sentencing is scheduled for February 2024.
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US trial against Serbian boiler room operators and binary options fraudstersF
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September 29, 2023

Former Executives Of U.S. Telecommunications Company Charged With Massive Accounting Fraud Scheme!

Victor Bozzo, previously holding the titles of CEO and CCO, and Edward O’Donnell, the ex-CFO of Pareteum Corporation, have been indicted for allegedly manipulating the publicly traded telecom company's reported revenue. The indictment was unsealed by Damian Williams, U.S. Attorney for the Southern District of New York, and James Smith, the FBI's New York Field Office Assistant Director.
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Alexander Mashinsky arrested on fraud chargesF
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July 14, 2023

Former CEO Of Bankrupt Crypto Scheme Celsius Networks Arrested On Fraud Charges

In a significant development, U.S. prosecutors have charged Alexander Mashinsky, 57, the former CEO of Celsius Network, with defrauding customers and providing misleading information about the company's operations. He has pleaded not guilty and was released on a $40 million bond. His attorney, Jonathan Ohring, stated that Mashinsky vehemently denies the allegations and looks forward to a robust defense in court.
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The Israeli Snitching Game around Gery ShalonU
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July 1, 2022

US Boiler Room Operators Sentenced To Years In Prison!

Damian Williams, the United States Attorney for the Southern District of New York, announced that the boiler room operators Christopher Wright and Steven Hooper were sentenced to 52 months in prison and 42 months in prison, respectively, for defrauding elderly victims in connection with the fraudulent sale of stock and fake carbon credits as part of an over $16 million international telemarketing scheme. In total, victims lost over $16 million. Wright and Hooper previously pled guilty before U.S. District Judge Jed S. Rakoff, who imposed the sentences. 
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