Business Instructor Guilty of Laundering Over $800K in Complex Email Fraud Scheme Targeting Churches and Businesses
Cedar Rapids, Iowa — A Pennsylvania woman has been convicted of orchestrating a sophisticated financial fraud scheme, diverting over $800,000 through hacked email accounts, including one from a Cedar Rapids church involved in a major renovation project. The scheme targeted various entities across the U.S., leading to significant financial losses. Margo Ann Williams, 62, of Scranton, faced charges in the U.S. District Court for the Northern District of Iowa, where she was found guilty of multiple counts including bank fraud, money laundering, and engaging in transactions with criminally derived property. The verdict followed a three-day … Read more