Elchonon (Elie) Schwartz has been sentenced to 87 months of imprisonment and ordered to pay over $45 million in restitution for inducing more than 800 investors to send him approximately $62.8 million, including approximately $54 million in investments earmarked for the Atlanta Financial Center, a planned commercial real estate complex. Instead of using the funds for legitimate purposes, Schwartz diverted the funds for his own use, including purchases of luxury items.
Elchonon (Elie) Schwartz has been sentenced to 87 months of imprisonment and ordered to pay over $45 million in restitution for inducing more than 800 investors to send him approximately $62.8 million, including approximately $54 million in investments earmarked for the Atlanta Financial Center, a planned commercial real estate complex. Instead of using the funds for legitimate purposes, Schwartz diverted the funds for his own use, including purchases of luxury items.
Wyatt Swan, 48, of Washington, D.C., was sentenced today to 24 years in prison for the 2024 murder of Teresa Francisco, 52, in Northeast Washington, announced U.S. Attorney Jeanine Ferris Pirro and Chief Pamela Smith, of the Metropolitan Police Department.
The U.S. Attorney’s Office for the Southern District of Florida hosted a public outreach event and interactive discussion, in partnership with the American Association of Retired Persons (AARP), focused on preventing crimes against senior citizens on May 15, 2025 at Century Village in Pembroke Pines, Florida.
Ian Patrick Jackson, 37, of Atlanta, Ga., appeared before U.S. Magistrate Judge Regina D. Cannon today, following his arrest on federal charges of conspiracy to commit bank fraud, bank fraud, wire fraud, and money laundering. Jackson was indicted by a federal grand jury on May 6, 2025.
Ian Patrick Jackson, 37, of Atlanta, Ga., appeared before U.S. Magistrate Judge Regina D. Cannon today, following his arrest on federal charges of conspiracy to commit bank fraud, bank fraud, wire fraud, and money laundering. Jackson was indicted by a federal grand jury on May 6, 2025.
Stephen Paul Edmund Sutton, 53, a United Kingdom citizen, pleaded guilty and was sentenced today for his participation in a fraud scheme, perpetrated when he was employed by a contracting firm that implemented a U.S. Agency for International Development-funded (USAID) power distribution program (PDP) in Pakistan, announced U.S. Attorney Jeanine Ferris Pirro and Acting Assistant Inspector General for Investigations Sean Bottary.
Giuliano Orlando Costin Sandu, 32, a Romanian national illegally present in the U.S., has pleaded guilty to a concealment money laundering scheme operating out of South Florida.