Financial Fraud News Update

Offices of the United States Attorneys   You are subscribed to Financial Fraud news updates. This information has recently been updated, and is now available. Dubai-Based Wall Street Exchange Agrees to Pay More Than $9.2 Million to Resolve Bank Fraud Investigation 01/22/2025 07:00 AM EST John J. Durham, United States Attorney for the Eastern District of New York and Harry T. Chavis, Jr., Special Agent in Charge, Internal Revenue Service-Criminal Investigation, New York announced today that Dubai-based Wall Street Exchange entered into a non-prosecution agreement with the United States Attorney's Office for the Eastern District of New York and the Department of Justice's Money Laundering and Asset Recovery Section, and has agreed to pay more than $9 million to resolve a bank fraud investigation into false statements that it made to a U.S. financial institution concerning the anti-money laundering compliance of WSE and its United Kingdom-based subsidiary, Wall Street Forex London Limited.  Florida Man Sentenced to Prison for Preparing False Tax Returns 01/22/2025 07:00 AM EST On Jan. 6, Juan Mendieta, of Miami-Dade County, was sentenced to 57 months in federal prison after pleading guilty in October 2024 to one count of criminal conspiracy and four counts of aiding and assisting the preparation of false tax returns. You have received this e-mail because you have asked to be notified of changes to the Offices of the United States Attorneys website. GovDelivery is providing this service on behalf of the Executive Office for United States Attorneys, Department of Justice, 950 Pennsylvania Ave., NW · Washington, DC 20530 · 202-514-2000 and may not use your subscription information for any other purposes. Manage your Subscriptions | Department of Justice Privacy Policy  | GovDelivery Privacy Policy Follow the Offices of the United States Attorneys on Twitter: @USAttorneys