A federal grand jury in California has indicted a Chinese citizen on a charge of money laundering conspiracy.
Binghui Liu, 32, a former resident of San Jose, was accused of being a money launderer in a government impersonation fraud scheme, the U.S. Attorney’s Office for the Eastern District of California announced in a statement on April 24.
Prosecutors said that members of the scheme allegedly impersonated federal law enforcement officers or employees when contacting their target victims. They would tell the victims lies about their bank accounts, such as saying that wrongful charges had been filed against them and that their accounts would be frozen. The scammers would then tell their victims that they need to withdraw their savings in cash and turn the money over to an officer or federal employee for supposed safekeeping….