LOS ANGELES, California — A 44-year-old man from Hollywood, Florida, has been sentenced to 72 months in federal prison for his involvement in a scheme that defrauded millions from American consumers’ bank accounts, the Justice Department announced.
Michael Young was sentenced by United States District Judge Mark C. Scarsi after pleading guilty in June 2025 to one count of conspiracy to violate the Racketeer Influenced and Corrupt Organizations (RICO) Act. Young was part of a criminal enterprise that stole millions from unsuspecting consumers by using “lead lists” containing victims’ banking information to make unauthorized debits, according to court documents.
“This sentence holds accountable yet another member of a transnational criminal network,” said Assistant Attorney General A. Tysen Duva of the Justice Department’s Criminal Division. The enterprise used shell entities and money laundering techniques to conceal its actions, with Young working alongside a co-conspirator in Southern California to facilitate the scheme…