A business owner, identified as Moore, was sentenced to nearly two years in prison after investigators uncovered her involvement in a sophisticated money laundering scheme. Moore operated a business called PSM Custom Designs and Jewelries, which she allegedly used as a front to launder millions of dollars obtained through fraudulent means.
According to investigators, Moore maintained multiple bank accounts under the guise of running a legitimate business. However, these accounts were not used for typical business transactions; instead, they were solely dedicated to moving and concealing money obtained from various scams.
Throughout the scheme, Moore managed to pocket around $1.7 million of the scammed funds for herself. The fraudulent activities came to light after a thorough investigation, leading to her arrest and subsequent sentencing.
In addition to serving her prison sentence, Moore has been ordered to pay $1,680,900 in restitution, effectively returning a portion of the stolen funds. This restitution is intended to help compensate the victims who suffered significant financial losses due to the scams.
Authorities have emphasized that Moore’s actions were part of a larger criminal network, and the investigation is ongoing as they work to uncover other individuals involved in the scheme. The case serves as a reminder of the importance of vigilance and thorough investigation when it comes to financial crimes and fraudulent activities.