Xui Jie Chen, Bank Fraud, Nevada 2025

Transnational Financial Crime Syndicate Member Indicted in Las Vegas

A Los Angeles, California, man has been charged with his alleged role in a transnational financial fraud organization in Las Vegas, Nevada. Xui Jie Chen, also known as 'Johnny Chen,' 32, made his initial appearance Wednesday before United States Magistrate Judge Maximiliano D. Couvillier, III.

According to court documents, Chen, his co-conspirators Jin Wei Chen, 41, of Flushing, New York, and Yue Yuan, 34, of the People's Republic of China, obtained more than 5,000 genuine drivers' licenses belonging to United States citizens residing in New York, Texas, and other states.

The defendants allegedly engaged co-conspirators to use those licenses to withdraw or attempt to withdraw funds from banks and obtain financing for luxury cars under false pretenses. The criminal scheme touched at least 14 states, including Nevada, Arizona, Utah, Colorado, and Minnesota.

In addition to the Bank Fraud conspiracy, each defendant is charged in multiple counts of Aggravated Identity Theft related to using and causing to be used the fraudulently obtained licenses belonging to United States-based victims of the Bank Fraud conspiracy.

A jury trial is set for July 14, 2025, before United States District Judge James C. Mahan. If convicted, the defendants each face a maximum penalty of 30 years in prison on the conspiracy to commit bank fraud charge, and a mandatory minimum penalty of two years in prison on the aggravated identity theft charge, which would run consecutive to any sentence imposed by the Court for the bank fraud conspiracy.

Xui Jie Chen, aka 'Johnny Chen,' faces serious charges, including Bank Fraud conspiracy and multiple counts of Aggravated Identity Theft. If convicted, he could face up to 30 years in prison on the conspiracy to commit bank fraud charge and two years in prison on the aggravated identity theft charge.

An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

The case is being investigated by Homeland Security Investigations (HSI) Las Vegas, with substantial assistance provided by the Las Vegas Metropolitan Police Department, the Nevada Gaming Commission, and the Nevada Gaming Control Board Enforcement Division.

Source: https://www.justice.gov/usao-nv/pr/three-members-transnational-financial-crime-syndicate-indicted