Manhattan District Attorney Alvin L. Bragg, Jr., announced the indictment of KASHAWN WILLIAMS, 31, for intercepting a $1.2 million check intended for The Bazooka Companies Inc. (“Bazooka”) and, alongside co-conspirators ADREAN JACOBS, 41, RONALD FRANKLIN, 49, JOSE GUTIERREZ, 25, AKHEIM WATTS, 30, and KIEARRA REYNOLDS, 35, laundering those stolen funds for personal use. The defendants are charged in a New York State Supreme Court indictment with Conspiracy in the Fourth Degree, Money Laundering in the First Degree, and Criminal Possession of Stolen Property in the First Degree, as well as various counts of Criminal Possession of Stolen Property in the Second Degree and Money Laundering in the Second and/or Third Degree. WILLIAMS is additionally charged with Grand Larceny in the First Degree and Identity Theft in the First Degree.[1]
“As alleged, this group stole more than a million dollars by intercepting a check, creating a fraudulent corporate business account, and laundering the money for personal gain,” said District Attorney Bragg. “Despite the decline in the use of paper checks, check fraud is on the rise. We urge New Yorkers and businesses alike to use secure electronic payment methods whenever possible to protect themselves from fraud.”
According to court documents and statements made on the record in court, in October 2022, WILLIAMS intercepted a $1,243,345.36 check mailed by a Texas-based company to a Manhattan address formerly associated with Bazooka, the creators of the Bazooka brand of bubble gum. On October 21, 2022, WILLIAMS incorporated a fictitious entity – The Bazooka Companies 1 Inc. (“Bazooka 1”) – to serve as a conduit for the stolen proceeds. Three days later, WILLIAMS opened a corporate bank account for Bazooka 1 and deposited the stolen check.
Over the course of the next two weeks, WILLIAMS issued checks from the Bazooka 1 account to JACOBS, WATTS, GUTIERREZ, and REYNOLDS, listing fake reasons for the checks on their memo lines, such as “Renovations,” “Business Loan,” and “Packaging Preorder.” The defendants then deposited these checks into their personal bank accounts and made large cash withdrawals.
WILLIAMS personally withdrew more than $102,600 in cash from the Bazooka 1 account between November 4, 2022, and November 14, 2022. He also transferred $250,000 from the Bazooka 1 corporate account to his personal Chase account, before laundering it by moving the majority to a personal Capital One account, where he proceeded to withdraw more than $159,000 in cash.
Additionally, the defendants laundered more than $57,000 through cashier’s checks remitted to FRANKLIN. FRANKLIN negotiated for a series of cashier’s checks from the defendants in November 2022, including $32,000 of cashier checks from WILLIAMS through the Bazooka 1 corporate account, and a $25,000 check from JACOBS’ personal account. The investigation into the check fraud ring is ongoing.
The investigation was jointly conducted with Assistant D.A. Andrew Mercer under the supervision of Assistant D.A. Christopher Prevost (Deputy Chief of the Trial Division). Rosalind October (Director of the Financial Intelligence Unit), Padraig Friel (Major Case Analyst), Tattnall Holt (Investigative Analyst), Rohaan Vaswani (Investigative Analyst), Kayla Hayman (Paralegal), Christian Bethea (Paralegal), and Investigators David Caban and Justin Reid all provided valuable assistance with the investigation.
[1] The charges contained in the indictment are merely allegations, and the defendants are presumed innocent unless and until proven guilty. All factual recitations are derived from documents filed in court and statements made on the record in court.
No comments:
Post a Comment