SAVANNAH, GA – Federal authorities have seized and forfeited approximately $1,185,922.91 in cryptocurrency, recently converted to U.S. dollars, following a sophisticated fraud and money laundering investigation in the Savannah area.
The action, announced by U.S. Attorney Margaret E. Heap, was the result of coordinated efforts by the U.S. Attorney’s Office Asset Forfeiture Unit and the United States Secret Service (USSS). The investigation disrupted an international criminal operation targeting real estate professionals.
“This forfeiture is a testament to the drive and ingenuity of the investigative team, and the partnership between our office and the United States Secret Service,” said U.S. Attorney Heap. “We are now working to identify eligible victims who may be compensated with the forfeited funds.”…