According to William J. Hochul Jr., U.S. Attorney, a federal grand jury returned an indictment charging Richard Petix, of Rochester, NY with operating an unlicensed money transmitting business and making material false statements. A separate indictment charging Zhe Wang and Kevin Szura, both from Queens, with conspiracy to distribute controlled substances, money laundering conspiracy, money laundering, and conducting a monetary transaction in criminally derived property. Petix could serve up to five years of each charge, while Wang and Szura could serve 20 years.
“This case demonstrates the ever growing ways in which the virtual world is intersecting with, and being exploited by, real life crime and criminals. Those involved in such illicit activities should know that law enforcement is prepared to track them into the deep and dark portions of the web in order to bring criminals to justice.” Attorney Hochul was quoted as saying in regards to the case.
“Dismantling the fraudulent financial operations of transnational criminal organizations is critical because these groups can succeed only so long as they can funnel their illicit proceeds freely and without detection,” said Michael Kennedy, Acting Special Agent in Charge of Homeland Security Investigations. “HIS will continue to aggressively target illegally