WASHINGTON (Sputnik) — US authorities have charged 19 individuals for participating in a large international money laundering scam and various fraud that resulted in over $13 million in losses, the Department of Justice said in a press release on Wednesday.
"In total, they [the defendants] stole more than $13 million from over 170 victims, primarily in the United States," the release stated. "[T]he FBI’s multi-year investigation into these schemes and this international criminal network, has yielded the disruption or return of more than $56 million in victim funds."
Another four defendants used the Internet to instruct US companies' employees to initiate wire transfers from the firms' corporate bank accounts to financial accounts controlled by the criminal enterprise, the release added.
During the investigation of the fraud schemes, law enforcement discovered an unlicensed money transmitting network operating in the United States, Europe, and Israel that generated thousands of dollars. Police arrested six individuals for operating the illegal money transmitting business.