March 2022 \ Diaspora News \ DIASPORA
Indian-American judge sends Pak man to 12 yrs in jail

As part of the money laundering conspiracy, Ateeq directed his US employees to deposit cheques of fraud proceeds into US bank accounts designated by overseas customers of overseas money transmitting businesses.

The money transmitting businesses then issued cash payments to Ateeq in Pakistan, as well as deposits into bank accounts in Pakistan under Ateeq’s control.

“Ateeq also directed US employees to use fraud proceeds to purchase expensive watches and other luxury items in the United States and then deliver the items to Ateeq’s associates in Dubai,” said the DoJ.

The FBI Chicago Field Office and US Department of Health and Human Services Office of Inspector General (HHS-OIG) investigated the case.




Tags: USA

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