CONCORD – A 41-year-old woman has been arrested and charged with securities fraud and money laundering in New Hampshire. Jessica M. Teixeira, of Shrewsbury, Massachusetts, appeared in federal court on charges of securities fraud and money laundering, United States Attorney Scott W. Murray announced.
According to the indictment returned on October 31, 2018, Teixeira defrauded two New Hampshire investors by selling them a series of securities that were supposedly guaranteed and would generate high rates of return. The indictment alleges that Teixeira represented herself as a solicitor of high-yield investment funds with connections to investment groups raising funds associated with domestic and foreign real estate developments.
In fact, the indictment claims that Teixeira’s claims to be connected to high-level investment groups were false, the investment contracts and notes she sold were worthless and generated no returns, and Teixeira would simply convert the invested funds to her own personal use and benefit, without returning any of the invested funds. In total, the defendant allegedly obtained approximately $296,250 from the two investors.
The Court scheduled a trial in Teixeira’s case for December 11, 2018.
“Even as we work to combat opioid trafficking and violent crime, federal law enforcement officers strive diligently to identify and prosecute those involved in fraud schemes here in New Hampshire,” said U.S. Attorney Murray.
“Today’s arrest serves as a reminder that white-collar criminals often lurk behind overly aggressive high rate-of-return promises,” said Special Agent in Charge Kristina O’Connell, with IRS Criminal Investigation, Boston Field Office. “IRS-CI is proud to bring our financial expertise to these joint investigations to help catch perpetrators and prevent future victims of high-yield investment schemes.”
The investigation was conducted by the Federal Bureau of Investigation and the Internal Revenue Service, Criminal Investigation. The case is being prosecuted by Assistant U.S. Attorneys John Davis and Anna Dronzek.
The charges and allegations contained in an indictment are merely accusations. A defendant is presumed innocent until and unless proven guilty.
Teixeira, 41, of Shrewsbury, Massachusetts, is charged with securities fraud and money laundering. The case is ongoing and no sentencing information is available at this time.
Key Facts
- State: New Hampshire
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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