October 18, 2021

News

News Network

Four Defendants Indicted for Laundering Target Gift Cards Purchased by Fraud Victims

14 min read
<div>A federal grand jury in Los Angeles returned an indictment against four California-based defendants for their alleged roles laundering fraud proceeds stored on gift cards. The indictment, which was unsealed today, charges U.S. citizen Blade Bai, 33, of El Monte; and Chinese citizens Bowen Hu, 26, of Hacienda Heights; Tairan Shi, 27, of Diamond Bar; and Yan Fu, 58, of Chino Hills, with conspiring to launder proceeds of wire fraud that were stored on gift cards issued by retailer Target.</div>
A federal grand jury in Los Angeles returned an indictment against four California-based defendants for their alleged roles laundering fraud proceeds stored on gift cards. The indictment, which was unsealed today, charges U.S. citizen Blade Bai, 33, of El Monte; and Chinese citizens Bowen Hu, 26, of Hacienda Heights; Tairan Shi, 27, of Diamond Bar; and Yan Fu, 58, of Chino Hills, with conspiring to launder proceeds of wire fraud that were stored on gift cards issued by retailer Target.

More from: September 28, 2021

News Network

  • Judiciary Addresses Cybersecurity Breach: Extra Safeguards to Protect Sensitive Court Records
    In U.S Courts
    After the recent disclosure of widespread cybersecurity breaches of both private sector and government computer systems, federal courts are immediately adding new security procedures to protect highly sensitive confidential documents filed with the courts.
    [Read More…]
  • Guinea Travel Advisory
    In Travel
    Reconsider travel to [Read More…]
  • [Protest of AID Contract Award for Administrative, Technical, and Program Support]
    In U.S GAO News
    A firm protested an Agency for International Development (AID) contract award for administrative, technical, and program support, contending that AID: (1) improperly based its cost realism analysis on predecessor contracts that had dissimilar work requirements; (2) should have upwardly adjusted the awardee's proposed costs for travel and the use of consultants because they were unrealistically low; and (3) should have awarded it the contract, since its combined evaluation score was higher than the awardee's evaluation score. GAO held that: (1) AID reasonably based its cost realism analysis on the predecessor contracts, since they were substantially similar in scope to the instant procurement; (2) the protester failed to present any evidence that the awardee's proposed costs were unrealistically low; (3) AID reasonably evaluated the protester's proposed costs; and (4) AID properly made award to the low bidder, since the bidders' proposals were technically equal. Accordingly, the protest was denied.
    [Read More…]
  • Global Coalition to Defeat ISIS Meeting on ISIS Threats in West Africa
    In Crime Control and Security News
    Office of the [Read More…]
  • New 3D Mapping Technique Improves Landslide Hazard Prediction
    In Space
    Landslides cause loss of [Read More…]
  • Officials Announce International Operation Targeting Transnational Criminal Organization QQAAZZ that Provided Money Laundering Services to High-Level Cybercriminals
    In Crime News
    Fourteen members of the transnational criminal organization, QQAAZZ, were charged by a federal grand jury in the Western District of Pennsylvania in an indictment unsealed today.  A related indictment unsealed in October 2019 charged five members of QQAAZZ.  One additional conspirator, a Russian national, was arrested by criminal complaint in late March 2020 while visiting the United States, bringing the total number of charged defendants to 20.  Acting Assistant Attorney General Brian C. Rabbitt of the U.S. Department of Justice’s Criminal Division and U.S. Attorney Scott W. Brady for the Western District of Pennsylvania, made the announcement today.
    [Read More…]
  • American Contractor Sentenced to Prison for Theft of Government Equipment on U.S. Military Base in Afghanistan
    In Crime News
    An American military contractor was sentenced today to more than three years in prison for his role in a theft ring on a military installation in Kandahar, Afghanistan.
    [Read More…]
  • Syria Sanctions Designations on the Anniversary of UN Security Council Resolution 2254
    In Crime Control and Security News
    Michael R. Pompeo, [Read More…]
  • Valley drug trafficking organizer gets life in prison
    In Justice News
    A 40-year-old resident [Read More…]
  • Bermuda Travel Advisory
    In Travel
    Reconsider travel to [Read More…]
  • Lifting Self-Imposed Restrictions on the U.S.-Taiwan Relationship
    In Crime Control and Security News
    Michael R. Pompeo, [Read More…]
  • Bahrain Travel Advisory
    In Travel
    Reconsider travel to [Read More…]
  • Chief Justice Roberts Issues 2020 Year-End Report
    In U.S Courts
    Chief Justice John G. Roberts, Jr., has issued his 2020 Year-End Report on the Federal Judiciary.
    [Read More…]
  • New York Plumbing Contractor Sentenced to 20 Months in Prison for Employment Tax Fraud
    In Crime News
    A New York man was sentenced today to 20 months in prison for failing to collect and pay over to the IRS $732,462 in employment taxes.
    [Read More…]
  • Remarks by Principal Deputy Assistant Attorney General Jonathan D. Brightbill at the American Bar Association’s Environmental & Energy Litigation Federal Updates Virtual Regional CLE Program
    In Crime News
    Remarks as Prepared for [Read More…]
  • Secretary Antony J. Blinken with Palestinian Civil Society Leaders
    In Crime Control and Security News
    Antony J. Blinken, [Read More…]
  • 2021 U.S. ASPIRE Competition
    In Climate - Environment - Conservation
    Bureau of Oceans and [Read More…]
  • Global Entry for UK Citizens
    In Travel
    How to Apply for Global [Read More…]
  • Defense Critical Infrastructure: Actions Needed to Improve the Consistency, Reliability, and Usefulness of DOD’s Tier 1 Task Critical Asset List
    In U.S GAO News
    The Department of Defense (DOD) relies on a global network of defense critical infrastructure so essential that the incapacitation, exploitation, or destruction of an asset within this network could severely affect DOD's ability to deploy, support, and sustain its forces and operations worldwide and to implement its core missions, including current missions in Iraq and Afghanistan. Because of its importance to DOD operations, this defense critical infrastructure could be vulnerable to attacks by adversaries, and vulnerable to natural disasters and hazards, such as hurricanes and earthquakes. Since September 2003, the Office of the Assistant Secretary of Defense for Homeland Defense and Americas' Security Affairs (ASD[HD&ASA]) has been responsible for developing and ensuring implementation of critical infrastructure protection policy and program guidance. To identify and help assure the availability of this mission-critical infrastructure, in August 2005 DOD established the Defense Critical Infrastructure Program (DCIP), assigning overall responsibility for the program to ASD(HD&ASA). In April 2008, DOD issued an instruction that further assigned responsibilities and prescribed procedures for the implementation of DCIP, among other things. In October 2008, DOD formalized the process for identifying and prioritizing its critical infrastructure. Since 2006, ASD(HD&ASA) has collaborated with the Joint Staff to compile a list of all DOD- and non-DOD-owned infrastructure essential to accomplish DOD's missions. To support this effort, the combatant commands and military services are to identify and place their critical assets into prioritized tiers, including Tier 1 Task Critical Assets, which are assets of such extraordinary importance that their incapacitation or destruction would have a serious, debilitating effect on the ability of one or more military services, combatant commands, or DCIP Defense Infrastructure Sector Lead Agents to execute the mission essential tasks they support. Defense Critical Assets, on the other hand, are the assets most critical for fulfilling overall DOD missions and are identified from the universe of Task Critical Assets. The Joint Staff worked with the combatant commands, military services, and Defense Infrastructure Sector Lead Agents to develop the current departmentwide list of Tier 1 Task Critical Assets. In October 2008, ASD(HD&ASA) formally accepted the Joint Staff's Defense Critical Asset nomination list as an initial list of Defense Critical Assets. In its May 2008 report on H.R. 5658, the House Committee on Armed Services addressed DOD's lack of progress in analyzing the risks of electrical power outages to critical DOD missions through DCIP and, among other things, directed that GAO continue its review of DCIP. As a result, we initiated our on-going review of the assurance of electrical power supplies to DOD's critical assets.While DOD has made some progress in developing a Tier 1 Task Critical Asset list, this progress was limited by DOD's lack of consistent criteria for identifying and prioritizing Tier 1 Task Critical Assets. When selecting and submitting their most recent lists of Tier 1 Task Critical Asset submissions to the Joint Staff, the combatant commands and the military services used disparate sets of guidance, including draft and nonbinding guidance, as their criteria. Air Force officials, however, told us they developed formal critical asset identification guidance based on DOD's draft critical asset identification manual. According to military service and combatant command officials, DOD's draft and nonbinding guidance contained unclear definitions of asset tiers, Task Critical Assets, and other key terms, such as "mission essential tasks." DOD has taken some actions toward promoting coordination among the combatant commands, military services, and Joint Staff in compiling DOD's Tier 1 Task Critical Asset list. For example, in August 2005, DOD issued DOD Directive 3020.40, which calls for coordination among the Joint Staff, combatant commands, military services, and other defense agencies for the purpose of identifying and assessing critical assets needed to implement DOD missions. However, DOD has not yet developed formal coordination responsibilities and an effective coordination mechanism within DCIP, including a forum for coordination between the military services and combatant commands when identifying critical assets. Combatant command and military service officials told us that, in considering which assets to submit to DOD's Tier 1 Task Critical Asset list, they coordinate only minimally with each other when determining which assets are critical to combatant command missions. Based on our analysis of the October 2008 manual and discussions with DCIP officials, we found that the Joint Staff, combatant commands, military services, and other DOD agencies still lack clearly defined coordination responsibilities and a mechanism for effective coordination within DCIP. As a result, the communication and coordination efforts among these key DCIP stakeholders when considering assets to nominate as Tier 1 Task Critical Assets have been insufficient and inconsistent. While DOD has developed a strategy and comprehensive management plan for DCIP, it has not fully developed some DCIP program management elements for identifying Tier 1 Task Critical Assets, which could enhance the effectiveness of the program. DOD's formal critical asset identification process manual issued in 2008 lacks some key elements necessary for sound program management, including clearly defined schedules and milestones for meeting performance goals and a formal feedback process. According to our work on sound management practices, comprehensive program schedules and formal communication strategies assist agencies in effectively implementing programs by providing relevant stakeholders with timelines to follow, performance milestones to meet, and shared expectations to guide their efforts. Because DOD lacks a formal process for submitting critical assets, including milestones and formal feedback from ASD(HD&ASA) or the Joint Staff on meeting program goals, the combatant commands and military services are limited in their ability to effectively select, compile, and validate their final nominations to DOD's Tier 1 Task Critical Asset list.
    [Read More…]
  • United States Takes Action Against Violators of Religious Freedom
    In Crime Control and Security News
    Michael R. Pompeo, [Read More…]
Network News © 2005 Area.Control.Network™ All rights reserved.