An Atlanta man was sentenced in connection with an Email scam with victims that included a Delaware law firm.
“King and his conspirators opened bank accounts, using fictitious identities and sham companies, for the purpose of laundering funds stolen from victims across the country through business email compromise schemes,” said Acting U.S. Attorney Kurt R. Erskine. “Now, he is headed to federal prison and must pay full restitution to the victims. Our office will continue to work with our federal, state, and local law enforcement partners to bring those who facilitate these cyber-fraud crimes to justice.”
On November 16, 2018, an impersonator provided a Delaware law firm with instructions to wire payoff funds to a mortgager. Following the impersonator’s instructions, the law firm wired $68,403.16 to another Atlanta bank account controlled by King. The next day, King made an in-person cash withdrawal of $3,800 from the account.
King, 39, was sentenced to two years, six months in prison to be followed by three years of supervised release, and ordered to pay restitution for $124,190.63. King was convicted of money laundering conspiracy on December 16, 2020, after he pleaded guilty.