by BCheung on August 26, 2010
A few months after pleading guilty to one count of money laundering and to operating an unlicensed money transferring business, Schmuel Cohen of New York City was sentenced to 18 months in prison.
It was alleged that between June 2007 and July 2009, Cohen operated an unlicensed money transmitting business through multiple branches in Brooklyn, New York with several foreign individuals residing in Israel. Cohen and his co-conspirators Yeshaye Ehrental and Akiva Aryeh Weiss transferred more than $400,000 in cash to Ben Haim.
by BCheung on August 24, 2010
Approximately one year following his arrest for allegedly participating in a $600,000 mortgage fraud scheme, Joe D. Green was sentenced to 10 years in federal prison. In September 2006, Green allegedly helped his codefendants apply for and obtain two mortgages totaling $600,000 supposedly to finance the purchase of the home from a co-conspirator who had purportedly acquired it from the deceased homeowner. But the mortgage applications in which Green and codefendant and former New York City police officer Oneika Carthon inflated their income and assets. Green also purportedly forged a fake stipulation upon the closing.
