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AML, Financial Crime, North America

Two convicted in US federal court for multi-million dollar laundering scheme that stemmed from telemarketing ruse

By Dan Byrne for AMLi

Two men in the United States have been convicted for a fraudulent telemarketing and money laundering scheme that is estimated to have generated $4.5M in illicit profits.

Both verdicts were heard in a US federal court Wednesday. Manual Chavez (30) of Florida and Mark Oman (36) of Washington were each convicted of six counts of international money laundering, six counts of wire fraud, and one count each of ‘conspiracy to commit’ the above.

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