Tucson, Arizona – In a shocking turn of events, Fiona Lorraine Walters, 50, of Newburgh, NY, has pleaded guilty to Conspiracy to Commit Money Laundering. The sentencing is scheduled for September 23, 2024, before United States District Judge Scott M. Rash.
Walters admitted to laundering over $300,000 in fraud proceeds, through her and family members’ bank accounts, between July 5, 2016, and August 15, 2020. The funds were fraudulently obtained from victims, many of them elderly, who sent the money under the belief they were paying fees associated with winning a lottery or sweepstakes, but which were scams.
A conviction for Conspiracy to Commit Money Laundering carries a maximum penalty of 20 years in prison, a fine of $500,000 or twice the value of the funds involved in the offense, whichever is greater, or both, and a term of three years supervised release.
This case was prosecuted as part of the U.S. Attorney’s Office, Elder Justice Initiative. If you or someone you know is age 60 or older and has been a victim of financial fraud, help is standing by at the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311).
The United States Postal Inspection Service conducted the investigation in this case. Assistant U.S. Attorney Mary Sue Feldmeier, District of Arizona, Tucson, AZ, is handling the prosecution.
Mandatory Facts:
Defendant: Fiona Lorraine Walters, 50, of Newburgh, NY
Criminal Charges: Conspiracy to Commit Money Laundering
City and State: Tucson, Arizona
Date: (No specific date mentioned, but sentencing scheduled for September 23, 2024)
Sentence: Sentencing scheduled for September 23, 2024
Dollar Amount: Over $300,000
Cases Number: CR-23-01158-TUC-SHR
Release Number: 2024-092_Walters
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Key Facts
- State: Arizona
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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