
Miami Gardens man found guilty in business email compromise scheme
CHARLOTTE, N.C. – A federal prosecutor in North Carolina says a jury has convicted a South Florida man in connection with a business email compromise scheme that defrauded law firms and other companies of more than $1 million.
U.S. Attorney Dena J. King says Pierre Yvelt Almonor, 49, of Miami Gardens, was convicted of multiple charges, including engaging in a money laundering conspiracy to commit concealment money laundering, international concealment money laundering, and transactional money laundering.
“A business email compromise scheme, or BEC, is a sophisticated scam, often targeting businesses involved in wire transfer payments,” a news release from King’s office stated. “The fraud is carried out by fraudsters compromising and/or ‘spoofing’ legitimate business email accounts through social engineering or computer intrusion techniques, to cause employees of the victim company or other individuals involved in legitimate business transactions to transfer funds to accounts controlled by the scammers.”
Ad
According to trial evidence, witness testimony and documents filed with the court, from August 2014 through November 2017, Almonor arranged to have nearly $395,000 in real estate closing proceeds stolen through a business email compromise scheme.
Prosecutors said Almonor then facilitated wire transfers to Spain and South Africa totaling more than $200,000 and withdrew more than $50,000 for himself as compensation for his role in the conspiracy.
Almonor remains on bail pending sentencing.
A sentencing date has not been set. He faces a maximum sentence of 20 years in prison, and a fine of $500,000 or twice the value of the proceeds.
Another suspect in the case, Ugo Ernest Uzomba, previously pleaded guilty to money laundering conspiracy and is also awaiting sentencing.
Copyright 2022 by WPLG Local10.com – All rights reserved. The Associated Press contributed to this report.
More Stories
Nashville Master Movers Celebrates 23 Years In Business
Nashville-Davidson, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Nashville-Davidson, Tennessee -Nashville, Tennessee based Nashville Master Movers is reaching out to their...
A Work of Heart’s contract with the Grand Central Mall will come to an end after 14 years of business
PARKERSBURG, W.Va. (WTAP) - In just a week the 14 year contract of A Work of Heart will come to...
Usain Bolt fires business manager over Jamaica fraud case
SAN JUAN, Puerto Rico -- Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million...
Required business, multi-family recycling service on track for March start
Cam Lewis, general manager at Moe's Original BBQ in Steamboat Springs, breaks down cardboard boxes for recycling in the trash...
Italia De La Cruz, small business owner, files to run in District 6
Italia De La Cruz, a self-employed small business owner, has filed to run in District 6 on Fort Worth’s City...
Bill to classify drag shows as ‘adult-oriented businesses’ clears Arkansas Senate
Arkansas senators on Tuesday voted to classify drag shows as “adult-oriented businesses” under state law, advancing a bill meant to...