Grimy Times has learned that Octaveon Woods, a 26-year-old resident of Decatur, Illinois, has been arraigned on wire fraud and money laundering charges in connection with a scheme that defrauded colleges and universities.
According to prosecutors, Woods claimed to be a booking agent for famous musicians such as Migos, Lil Yachty, and Lil Uzi Vert, and convinced student groups at Emory University, the University of Missouri, and other institutions to pay him thousands of dollars to book these artists for concerts and festivals.
However, Woods had no relationship with the artists and immediately laundered the money to conceal his fraud.
The charges were brought by the U.S. Attorney’s Office in the Northern District of Georgia, with Assistant U.S. Attorney Lynsey M. Barron prosecuting the case.
The scheme was investigated by the U.S. Department of Education Office of Inspector General.
Woods was arraigned before U.S. Magistrate Judge John K. Larkins, III, and was indicted by a federal grand jury on February 6, 2018.
Members of the public are reminded that the indictment only contains charges, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt at trial.
The case remains ongoing, with Woods currently awaiting trial.
In related news, the U.S. Attorney’s Public Affairs Office has released a statement urging anyone who may have been victimized by Woods to come forward and report any suspicious activity.
The U.S. Attorney’s Office can be contacted at USAGAN.PressEmails@usdoj.gov or (404) 581-6016 for further information.
Key Facts
- State: Georgia
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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