Tag: U.S. Nationals

Four U.S. Nationals Charged in $80 Million Pig Butchering Crypto Scam
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Four U.S. Nationals Charged in $80 Million Pig Butchering Crypto Scam

Four citizens of the United States have been charged with taking part in an illegal conspiracy that used bitcoin investment scams to provide them over $80 million. The defendants are Hailong Zhu, 40, of Naperville, Illinois; Joseph Wong, 32, of Rosemead, California; Justin Walker, 31, of Cypress, California; and Lu Zhang, 36, of Alhambra, California. They are accused of conspiring to commit money laundering, concealing money laundering, and international money laundering. Zhang and Walker were both arrested by the U.S. Department of Justice (DoJ) in relation to the fraudulent operation. The DoJ claimed that the four individuals created bank accounts and shell companies to conduct pig butchering scams and then transferred the illicitly obtained funds read more Four U.S. Nationals Cha...