US Charges Two over Laundering $43 Million From Investment Fraud
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7 Articles
In a ruling issued on Thursday, the Tallinn Administrative Court dismissed the appeal of Erik, who is accused of wire fraud, healthcare fraud and money laundering, seeking to overturn the government's decision to extradite him to the United States.
The Cyber Express
cybernoz.comZhuoying Chen +1 Charged In Chinese Money Laundering Case
U.S. authorities have charged two New York residents, including Zhuoying Chen, in connection with an alleged Chinese money laundering network accused of laundering at least $43 million generated through cyber investment fraud schemes. The indictment, unsealed in Brooklyn, alleges the operation ran between 2020 and 2022 and involved an extensive network of shell companies and bank accounts. According to prosecutors, Zhuoying Chen, 27, of Brookly…
On March 16, the U.S. Attorney for the Eastern District of New York announced that 27-year-old Chinese woman Zhuoying Chen (Jolene), residing in Brooklyn, and 38-year-old Chinese man Haojie Zhang (Kevin), residing in Queens, are suspected of participating in a Chinese transnational money laundering network, assisting in cleaning up proceeds from "pig butchering" investment scams, with the amount involved being at least $43 million. The two were …
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