"Mingtao Chen was implicated in a wide-ranging scam that involved victims being duped into wiring over large sums of money, leading to a total of around $2 million."
"Prosecutors say he attempted to leave the country after learning he was under investigation, highlighting the lengths to which he went to avoid accountability."
Mingtao Chen, a 29-year-old man from Daly City, was sentenced to 18 months in federal prison for his involvement in a fraudulent scheme that scammed dozens to hundreds of victims out of over $2 million. U.S. District Judge Trina Thompson also ordered him to pay restitution totaling roughly $208,163. Chen's fraudulent activities included setting up a bank account under a pseudonym to facilitate wire transfers from victims, alongside attempts to flee the country upon learning of investigations against him. His attorney argued that Chen's actions stemmed from a fear of poverty and financial insecurity after moving from China.
Read at www.mercurynews.com
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