LOUISVILLE, KY – In a shocking case of financial deceit, Joshua Roberts, a 32-year-old Texas man with ties to Ghana and the United Kingdom, was sentenced to 2 years and 3 months in federal prison for his role in a brazen money laundering conspiracy.
According to court documents, Roberts participated in a scheme to conceal the source of proceeds from criminal activity. As part of the scheme, he established a sham company to launder illicit funds from a Business Email Compromise scam. Business Email Compromise is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests.
The scam is frequently carried out when a subject compromises legitimate business or personal email accounts through social engineering or computer intrusion to conduct unauthorized transfers of funds.
Roberts was sentenced on March 6, 2023, after being convicted of conspiracy to commit money laundering. He was also ordered to pay $831,996.84 in restitution.
Roberts’ sentence of imprisonment will run concurrent to a sentence he is serving for related crimes in a case arising out of the Northern District of Georgia. There is no parole in the federal system.
This case is a stark reminder of the dangers of financial fraud and the importance of vigilance in protecting against sophisticated scams. The Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau and Homeland Security Investigations worked tirelessly to bring Roberts to justice.
Assistant U.S. Attorney Corinne Keel prosecuted the case, ensuring that justice was served in this complex and far-reaching money laundering conspiracy.
Related Federal Cases
- Dennis H. Slicer, Mail Fraud, GA 2009 · Connecticut
- Sherry Xue Li, Money Laundering Conspiracy, New York 2024 · New York
- King County Correctional Facility Found Guilty of Rights Violations… · Oklahoma
- Zachery Steven Blizzard, Human Smuggling, Texas 2017 · Tennessee
- Kyle Andrew Campbell, Capitol Assault, Ohio 2021 · Texas
Key Facts
- State: Kentucky
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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