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New Jersey Woman Admits Operating Unlicensed Money Transmitting Business

By kbm0423 on
Orange

A New Jersey woman today admitted transmitting the proceeds of a fraudulent scheme in which elderly victims were falsely told that they had won large sums of money in a lottery sweepstakes, U.S. Attorney Philip R. Sellinger announced.

According to U.S. Attorney Sellinger, Shanile Lyle, 28, of Orange, pleaded guilty to an information charging her with operating an unlicensed money transmitting business.

According to documents filed in this case and statements made in court:

In 2018, Lyle received checks from victims of a lottery scheme in which the victims were told that they had won large sums of money in a lottery sweepstakes and had to pre-pay taxes on their winnings. 

Lyle then deposited that money into a bank account that she controlled. Lyle kept a fee for herself and then wired the remainder of the funds to other individuals, including individuals overseas.