SALT LAKE CITY (KUTV) — An indictment was unsealed charging 12 foreign nationals with financial fraud.
According to the U.S. Attorney’s Office District of Utah, 11 Venezuelan nationals and one Colombian national were charged with bank fraud and engaging in transactions involving criminally derived property.
They allegedly participated in a scheme to defraud Utah banks between January 2023 and June 2023, opening accounts and presenting fraudulent cashier’s checks to be deposited into those accounts.
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In some instances, they deposited multiple counterfeit checks at different branches on the same day. They then laundered the funds by check, cashier’s check, and cash withdrawal, the U.S. Attorney’s Office District of Utah said…