“An important mission of the Office of Inspector General is to investigate allegations of fraud relating to employee benefit plans. Hopefully the arrests and pending prosecutions will at least give them solace that someone is being held accountable for their losses.”
“There is no way we can make the victims of these schemes, many who have lost their life savings, whole again. “The FBI would like to thank our numerous federal, state and local law enforcement partners who helped make these arrests possible,” said Chris Hacker, Special Agent in Charge of FBI Atlanta. These arrests affirm the Department of Justice’s commitment to prosecuting those who prey on our most vulnerable citizens.” “Some of these schemes target the elderly and often deplete the victims’ entire life savings. “Fraud schemes, like the ones perpetrated and facilitated by these defendants, inflict considerable losses on citizens, companies, and the financial system,” said U.S. Business email compromise schemes, romance fraud scams, and retirement account scams, among other frauds, duped numerous victims into losing more than $30 million.
ATLANTA – Federal agents have arrested twenty-four individuals for their involvement in a large-scale fraud and money laundering operation that targeted citizens, corporations, and financial institutions throughout the United States.
