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Home / Opinion Digests / Criminal – Mail Fraud – Restitution – Currency Investments (access required)

Criminal – Mail Fraud – Restitution – Currency Investments (access required)

A Richmond U.S. District Court denies a motion for restitution filed by a purported victim of a convicted mail fraud defendant’s scheme of fraudulent currency investments, because the government has proved that claimant’s investment of $565,000 in cash in defendant’s currency trading scheme was in essence an illicit currency structuring transaction akin to money laundering. As ...