Dallas Man Arrested at JFK Airport in $373M Bank Fraud Case; 13 Others Indicted
Prosecutors say the ring targeted nearly 3,000 victims and used SIM swapping, fake documents and identity theft to seize bank accounts.
- Federal agents arrested Senegalese national Muhamed Dieye, 35, at John F. Kennedy International Airport as he attempted to board a one-way flight to Malaysia. Dieye faces indictment alongside 13 others for orchestrating a $373 million bank fraud conspiracy.
- Investigators allege the group targeted nearly 3,000 victims by hijacking phone numbers through SIM swapping and spoofing to access bank accounts. Corrupt insiders at financial institutions allegedly helped bypass authentication measures.
- The ring targeted major banks including Bank of America and JPMorgan Chase, once attempting to wire $2 million to Emirates Islamic Bank in the United Arab Emirates. Suspect Renaldo Santez Gaines used aliases "OsamaCapone" and "OsamaBin57" during fraudulent activities, detectives said.
- If convicted, Dieye and his co-defendants face up to 30 years for conspiracy to commit bank fraud and 20 years for wire fraud. Aggravated identity theft carries a mandatory two-year sentence added to any other penalty.
- U.S. Attorney Ryan Raybould stated, "North Texas is the financial services hub of America, and protecting Main Street families and investors is a top priority of this office." Defendants remain in federal custody awaiting trial in Texas.
13 Articles
13 Articles
The Dallas Express News
wbap.comDallas Bank Fraud Suspect Arrested At JFK Gate Before One-Way Flight
Federal prosecutors accuse a Dallas man arrested at a New York airport gate of leading a nationwide bank account takeover ring that used stolen identities and insiders at banks and telecommunications companies to reach victims’ money. U.S. Attorney Ryan Raybould announced Tuesday the unsealing of a 22-count indictment against Muhamed Dieye, 35, and 13 other […]
Texas Resident Charged in $373,00,000 Bank Account Takeover Conspiracy
Federal prosecutors have charged 14 people with carrying out a coordinated scheme to seize control of bank accounts belonging to thousands of victims across the country. Muhamed Dieye, 35, of Dallas, allegedly orchestrated the operation using multiple aliases, says the U.S. Attorney’s Office for the Northern District of Texas. “Dieye possessed a spreadsheet that contained […]
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