Two men in California have up to 30 years in prison for alleged exploitation of a scheme that was fraudulent access to the bank accounts of older victims and their funds.
According to the office of the American lawyers, Eastern District or California, a 17-count reciprocal The brothers -in -law accuses Ayman Alaaraj and Ahmad Nassar with bank fraud and worsened identity theft.
Judicial documents show that in May 2023 Nassar took over different bank accounts of two older victims from two separate banks with the help of advanced techniques, such as pressing the telephone number of one of the victims.
The method enabled Nassar to gain access to the bills and bypass the two-factor authentication protection of the banks. Nassar, occasionally assisted by Alaaraj, then left the bills and sustained unpaid credit card fencing, which caused more than $ 794,000 to the victims.
The two men then moved the stolen money by the transit accounts created under the names of the victim, and led $ 100,000 by the companies of Alaaraj.
The defendants eventually transferred the money to themselves with the help of money machines from cash machines, personal checks, transactions from Western Union and Zelle transactions. They also used the stolen funds to pay credit cards, gambling online and buying a Mercedes.
If found guilty, the two men up to 30 years of prison and a fine of $ 1 million for every bank fraud count. They are also confronted with a mandatory prison sentence of two years and a fine of up to $ 250,000, or twice the gross profit or gross loss, for the number of aggravated identity theft.
Follow us on X” Facebook And Telegram
Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox
Check the price of the price
Surf the Daily Hodl -Mix
Generated image: midjourney
Credit : dailyhodl.com
