Savannah woman sentenced for assisting in scheme that stole millions of dollars from victims’ retirement accounts
Incremental bank withdrawals intended to evade reporting requirements
SAVANNAH, GA: A Savannah woman has been sentenced after admitting she “structured” cash withdrawals, which were part of a scheme to steal millions of dollars from other people’s retirement accounts.
Karen Dickerson, 52, of Savannah, was sentenced in U.S. District court to 51 months in federal prison after pleading guilty to Structuring to Evade Currency Transaction Reports, said David H. Estes, acting U.S. Attorney for the Southern District of Georgia. Dickerson also forfeited ownership of five bank accounts with deposits totaling $195,815.73, was ordered to pay $644,915.15 in restitution, and must serve three years of supervised release after completion of her prison sentence.
There is no parole in the federal system.
“Karen Dickerson’s decades-long criminal record makes it abundantly clear that she is an unrepentant thief with zero regard for her victims,” said David H. Estes, Acting U.S. Attorney for the Southern District of Georgia. “She sank to a new low with these crimes, and hopefully this sentence will give her ample time to reflect on her behavior while protecting the community from her greed.”
As described in court documents and testimony, other individuals gained access to victims’ retirement funds and transferred nearly $3 million into various bank accounts, including one Dickerson controlled. From at least June 2018 to November 2018, Dickerson knew she was helping launder ill-gotten proceeds when she made 22 withdrawals totaling $213,745 from her bank accounts. Most of the withdrawals were in amounts less than $10,000 to evade currency transaction reports. After Dickerson handed over a predetermined amount of cash, she kept the remaining amount of transferred funds as payment.
The case remains under investigation.
The case was investigated by the U.S. Secret Service in coordination with Assistant U.S. Attorney Xavier Cunningham, Section Chief of the Asset Recovery Unit of the U.S. Attorney’s Office for the Southern District of Georgia, and prosecuted for the United States by Assistant U.S. Attorneys Steven H. Lee and John P. Harper III.
Source: http://criminal-justice-online-courses.blogspot.com/2021/08/savannah-woman-sentenced-for-assisting.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).