California Jewelry Store Owner Convicted of Conspiracy to Defraud the United States and Conspiracy to Launder the Proceeds of Bank Fraud
California Jewelry Store Owner Convicted of Conspiracy to Defraud the United States and Conspiracy to Launder the Proceeds of Bank Fraud
A federal jury sitting in Santa Ana, Calif., on Wednesday, Nov. 21, 2012, convicted Safieh Fard of one count of conspiracy to defraud the Internal Revenue Service (IRS) and one count of conspiracy to launder the proceeds of bank fraud obtained after submitting fraudulent mortgage applications, the Justice Department and IRS Criminal Investigation announced. Fard’s co-conspirators, her sister Sedigheh Bahramian, and two of her sons, Mohsen Kikalaye and Ahmad Kikalaye, pleaded guilty to related counts of bank fraud in 2010.