Orange County Personal Injury Attorney Charged with Money Laundering

Updated: Dec 4, 2020

The indictment claimed that when victims attempted to withdraw their funds as early as 2016, delays and secret fees amounting to more than half of their requested withdrawal were encountered.


In Manhattan federal court on August 18, 2020, an Orange County personal injury attorney was charged with trying to launder $20 million from an alleged cryptocurrency Ponzi scheme via an account supposed to hold the funds of his customers.



In the Southern District of NY, prosecutors accused Scott Hughes, an orange county personal injury attorney based in Newport Beach, California, of conspiracy to commit money laundering and conspiracy to commit bank fraud in connection with the suspected foreign fraud ring, focusing on the alleged AirBit Club cryptocurrency mining and trading company.


Hughes and four other defendants sold "memberships" in the company to investors with the promise of guaranteed income, according to an indictment unsealed Tuesday, although no Bitcoin mining or trading ever took place on their behalf.

Instead, prosecutors said the accused invested the cash of the victims on lavish expenses and used the money to put on a series of costly exposures to attract more investors worldwide.


"In a statement announcing the charges, Manhattan U.S. Attorney Audrey Strauss said As charged, the defendants placed a modern-day twist on an age-old investment scam, offering unprecedented rates of guaranteed return on phantom investments in cryptocurrencies.


Prosecutors said Hughes represented co-defendants Pablo Renato Rodriguez and Dos Santos of Gutemberg in the U.S. Investigation of a separate investment scheme by the Securities and Exchange Commission before helping the AirBit ring.


They then worked to launder the money through various domestic and international bank accounts, including a trust account controlled by Hughes, according to the indictment. Hughes was able to guide the investments into "promotional events and sponsorships designed to further promote the AirBit Club scheme" through that account, prosecutors said.

The indictment said that when victims attempted to withdraw their funds as early as 2016, they were confronted with delays and secret fees amounting to more than half of their requested withdrawal. In one case, a victim was told that she should "bring new blood" into the AirBit Club Scheme in order to collect her returns, prosecutors claimed.


"These alleged fraudsters pulled out all the stops to sell their scheme with enticing recruitment events to their victims, then shamelessly used the proceeds of their scheme to recruit additional victims through even more aggressive and lavish marketing pitches," Peter Fitzhugh, special agent in charge of the New York field office of Homeland Security Investigations, said in a statement.


The indictment also charged Cecilia Millan and Jackie Aguilar, suspected promoters who advertised AirBit as a "crypto-currency industry multilevel marketing club," with conspiracy to commit wire fraud. Millan also faces allegations of conspiracy to commit money laundering and bank fraud.


The case was allocated to the U.S. District Judge George B. Daniels of New York's Southern District.


How To Find Honest Personal Injury Lawyers In Orange County

If you are involved in an accident in Orange County, you should immediately consult with a pre-screened Orange County personal injury attorney. To get an unbiased referral to a pre-screened and reputable California attorney you should:

  1. Submit a request online 24 hours a day. Free case review within 15 minutes.

  2. Request a lawyer referral by chat, you'll be connected with a California lawyer within 5 minutes.

  3. By calling the 24-hour lawyer referral hotline at 1-661-310-7999

Related articles:

California State Bar Certified Lawyer Referral And Information Service

1000Attorneys.com is a California Bar Certified and approved Lawyer Referral and Information Service.

 

This is a public service that helps members of the public find competent, ethical and pre-screened local California lawyers and receive general information about common legal issues.

 

Accessing information via our site is free and there is no charge to get a lawyer referral or for legal consultations. 

Our History 


Established in 2005, 1000Attorneys.com Lawyer Referral Service is the fastest growing online lawyer referral service in California.

 

Members of the public have turned to the 1000Attorneys.com as a reliable legal resource for more than 15 years to locate reputable California lawyers.

How the LRS Works 


Via the 1000Attorneys.com portal, the public will find a competent California attorney. Lawyer referrals are available in English and Spanish.

 

Clients are referred to a local attorney who is competent to handle the case after having some fundamental knowledge about their legal issue. A free 30 minute consultation with the attorney will be offered to each referred client. 

Hundreds of articles on common legal issues, in English and Spanish, can also be obtained by the public via our blog. These pieces of information address a wide variety of common legal issues in Southern California.

A LRS representative will follow up via email with the client after receiving a referral for quality management purposes, or to obtain  the status of your case. 

About lawyers from our network


Lawyers in our network charge fair legal fees. Free, pro bono legal services are not offered by LRS.

 

Each LRS attorney has shown that he or she is eligible in a specific field of law practice and has met several requirements of certification.

 

Attorneys are available in most areas of law throughout Southern California. Every lawyer in or network has been vetted for:

  • Credentials

  • Ethical standards

  • Experience

  • Performance

  • Client reviews

Additionally, attorneys are always monitored, insured and in good standing with the California State Bar. 

How to find the best lawyer for your legal case: 

1. The fastest way to have your legal issue reviewed by one of our attorneys is to send your details online. Your information will go directly to our 24 hour legal department. You will get a reply via email within 15 minutes. 

2. You may also inquire about your legal issue via chat where you can get more information related to different areas of law that apply to your case.

3. By calling our lawyer referral hotline 661-310-7999. Our agents are not attorneys and cannot provide legal advise. Due to high call volumes, it's highly recommend that you use option # 1 above. 

>Popular Articles

 

Who is the best lawyer in California?

 

Everything you need to know about California workers compensation claims (2021 Guide For Employees)

 

Gender discrimination in the workplace

 

How do I prove age discrimination at work?

 

Disability discrimination in the workplace, a guide for employees

 

Discrimination against pregnant employees, how to report it

Sexual harassment at work and the #metoo movement

California employee rights 2021

Wrongful termination laws 2021

Employment lawyer referrals

Genetic information discrimination

Filing a claim with the Equal Employment Opportunity Commission (EEOC)

National origin discrimination

Religious discrimination at work

How to win a wage claim

What is constructive termination

 

Qualities of a great labor lawyer

Wrongful termination examples

How to report your employer to the labor board

Why working with a California workers compensation lawyer makes sense

Who is the best lawyer in California?

 

Clients lawyers want to avoid

 

Is a bigger personal injury law firm better?

 

Why is difficult to find pro bono lawyers in California?

 

How do I find the top personal injury law firms in California?

 

Are there any good lawyers in Los Angeles?

Motorcycle accident laws in California

 

California workers compensation

California rideshare accidents

 

Construction accidents in LA

 

Car accidents in Los Angeles

 

Suffered from a brain injury?

California personal injury laws 2021

Pain and suffering settlements

>California Attorney Discipline

 

Personal injury attorney arrested after stealing millions in settlements from clients

 

How to check if a lawyer is licensed in California?

 

Where do I learn more about California attorney discipline?

 

Personal injury lawyer arrested after killing a woman while driving under the influence

 

FREE Case Review

Most cases are reviewed within 15 minutes. We are open 24/7

best-california-attorneys.png

Pre-Screened Lawyers

OPEN 24 HOURS

California Bar Certified

Lawyer Referral Service

-FREE Case Review In 15 Minutes Or Less-

Since 2005 our team has been working closely with the State Bar of California (certification # 0128) by providing unbiased and impartial referrals to ethical California lawyers.

We conduct due diligence by researching, vetting and recommending the best local attorney with proven experience in the type of law needed for your legal issue.

24/7 CHAT🚀

law-firm-marketing.jpg

        1000Attorneys

 

California State Bar Certified

Lawyer Referral Service

California Attorney Search Hotline

1.661.310.7999

  • Los Angeles Criminal Defense Attorney
  • Employment Lawyer Los Angeles
  • Workers Compensation Lawyer Los Angeles
  • Los Angeles Divorce Lawyer
  • Los Angeles Car Accident Lawyer
  • Los Angeles Personal Injury Attorney
  • Los Angeles Personal Injury Lawyer

Reproduction in whole or in part in any form or medium without express written permission is prohibited. Service provided by 1000Attorneys.com, a State Bar Certified Attorney Referral and Information Service ( Certification # 0128 ).    Disclaimer: All Lawyer Referrals are unbiased and impartial. This service is not paid lawyer advertising nor is the service owned or operated by lawyers receiving referrals. Members of our network must meet minimal requirements set forth by the service and the CA State Bar. Information provided in this website is not legal advice and no attorney-client relationship if formed by use of this website. 1000Attorneys.com | California Lawyer Referral and Information Service | Los Angeles, California | info@1000attorneys.com | 661-310-7999 | Locations: Beverly HillsLos AngelesLong BeachGlendaleSanta ClaritaLancasterPalmdalePomonaTorrance , PasadenaEl MonteDowneyInglewoodWest CovinaNorwalkBurbankNewport BeachLaguna BeachSanta MonicaAnaheimSanta AnaIrvine, and San Diego