Kalispell woman admits to running a money mule business and sending money abroad | USAO-MT

Kalispell woman admits to running a money mule business and sending money abroad |  USAO-MT


Missoula – A woman from Kalispell is accused of running a money mule business in which she collected money from various fraud schemes across the United States and then sent the money overseas for a fee recognized today, US Attorney Jesse Laslovich said.

Theresa Ann Chabot, 57, has pleaded guilty to transferring unauthorized funds to companies. Chabot faces a maximum sentence of five years in prison, a $250,000 fine and three years of supervised release.

The hearing was presided over by US Judge Kathleen L. DeSoto. Sentencing date has been set for January 5, 2023 by US District Judge Dana L. Christensen. Any judgment will be decided by the court after consideration of US sentencing guidelines and other legal factors. Chabot was released pending further proceedings.

The plea agreement presented in the case recommends that the 29 other counts charged in the indictment be dismissed upon sentencing, that Chabot be liable for a full refund estimated by the government of approximately $5.2 million and that Chabot lost a 2021 Chevrolet Tahoe.

The government alleged in court documents that from about May 2017 through February 2021, Chabot, through its business, Avalanche Creek, LLC, collected funds from various fraud schemes across the United States in its bank accounts. In doing so, Chabot acted as a money transfer business and was required to register Avalanche Creek with the Treasury. The government further alleged that Chabot opened more than 50 bank accounts. Banks closed many accounts after a review of activity, and at least 15 banks directly reported Chaput that accounts were closed for fraud, violation of banking policies and other abuse. Despite frequent bank account closures, Chabot will open new bank accounts that will enable her to receive proceeds. Chabot received fees, in some cases amounting to nearly 10 percent of the proceeds deposited into her bank accounts. Chabot then sends the remaining funds abroad, including to Dubai in the United Arab Emirates.

US Assistant Attorney General Ryan J. Weldon case investigated by the FBI and the IRS criminal investigation.

XXX



Source link

Leave a Comment