This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
11/20/2019
South Dakota man linked to Butina pleads in fraud case
StarTribune.com
SIOUX FALLS, S.D. — A South Dakota man who was linked to an admitted Russian covert agent agreed to plead guilty in a fraud scheme that authorities said bilked at least $2.3 million from 78 people, according to a court filing Monday.
Businessman and conservative political operative Paul Erickson agreed to plead guilty to one count of wire fraud and one count of money laundering. Each charge carries a maximum sentence of 20 years in prison.
An affidavit accused Erickson of promising returns of up to 150% while spending the money on personal expenses for Maria Butina, his former girlfriend. Butina was deported this year after admitting she sought to infiltrate conservative U.S. political groups and promote Russia's agenda.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information