ALBANY, NY (WRGB) — Jun Wang, 63, a Chinese national and lawful permanent resident of the United States, has been found guilty of participating in a money laundering conspiracy following a bench trial in federal court in Albany.
First Assistant United States Attorney John A. Sarcone III and Craig L. Tremaroli, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation (FBI), made the announcement.
Evidence presented during the bench trial in December 2025 proved that, between June 2019 and June 2021, Wang redeemed $2,285,039.81 in gift cards originally purchased by defrauded victims throughout the United States (including in the Northern District of New York). Wang, who received the gift card information electronically from co-conspirators overseas, used the fraud proceeds to buy other gift cards at Walmart and Sam’s Club stores in Florida to disguise the source and nature of the funds…