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Chinese national charged in “pig butchering” scheme

Summary by The Gilmer Mirror
TYLER, Texas – A Chinese national has been charged with participating in a scheme to launder the proceeds of cryptocurrency investment scams and other fraudulent schemes involving millions of dollars in victim funds in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs.   Fei Liao, 29, of San Gabriel, California, was brought into federal custody on May 3, 2024.  On May 20, 2024, Liao waived arraignment and pleaded not guilty …
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The Gilmer Mirror broke the news in on Tuesday, May 21, 2024.
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