Ex-Im Says One Arrested, Eight Sought in $22 Million Fraud
One fugitive has been captured and extradited to the U.S., and several federal fugitives continue to be sought in connection to a multi-million dollar export fraud scheme, said the Office of Inspector General (OIG) for the Export-Import Bank of the U.S. The OIG said its investigations found that the fugitives and several other defendants conspired to defraud the Ex-Im Bank of millions of dollars through various loan schemes resulting in over $22 million in claims paid by Ex-Im Bank. The fugitives have been charged with a variety of federal criminal violations to include conspiracy, wire fraud, and money laundering, it said.
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Federal agents are seeking eight fugitives charged in the unsealed federal indictments, and who are believed to be residing in or near Ciudad Juarez, Chihuahua, Mexico. the OIG said. It said fugitive Manuel Ernesto Ortiz-Barraza was extradited to the U.S. from Mexico Jan. 25 as part of the investigation (here).