U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation

U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation

“Victims were fraudulently induced to transfer money into shell companies, at which point the money underwent a series of transfers, generally ending overseas, designed to conceal the source, nature, ownership, and control of the funds,” the affidavit reads.

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