UpdatedWed, Jun 2, 2021 at 8:59 am ET
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Atlanta man pleaded guilty to money laundering conspiracy for an elaborate email spoofing scam aimed at stealing real estate payments. (Shutterstock)
ATLANTA — An Atlanta man was sentenced to two years, six months in federal prison for scamming homebuyers in Minnesota and Oregon, a New Jersey company and a Delaware law firm of more than $247,000.
Between October 2018 and February 2019, Anthony Dwayne King, 39, laundered more than $247,000, federal authorities said. He pleaded guilty to and was convicted of money laundering conspiracy on Dec. 16, 2020, authorities said.
In a federal indictment, prosecutors said the emails of victims were somehow accessed using malware in what is called a "business email compromise," allowing King and his accomplices to learn about real estate transactions and redirect those payments to three bogus bank accounts that King controlled.