Nov 6, 2014
Oct 30, 2014
Oct 2, 2014
Sep 25, 2014
Manchester man sentenced in fraud, check-cashing scheme
CONCORD - A Manchester man was sentenced to two years in federal prison for cashing checks exceeding $10,000 and not filing the necessary reports for cash transactions.
Jaime Salas pleaded guilty in U.S. District Court in August to possessing a counterfeit "green card," and intentionally evading federal laws requiring the reporting of cash transactions related to a check-cashing business he operated at Urban Zone, 310 Main St.
He was convicted of fraud and misuse of visas and conspiracy in failing to file bank currency transaction reports as well as structuring of transactions to avoid reporting requirements.
In February, he and his wife, Gabriela Salas, forfeited $130,000 of $150,000 investigators seized from an account at Bank of America.
According to court records, a confidential informer (CI) working with authorities went to Urban Zone in April 2008 to cash a check for more than $10,000. Salas was told the CI wanted to use a different bank to avoid having to report the cash transaction.
Salas said he would cash checks in amounts over $10,000 and not file the currency transaction report (CTR) as required by law, but charged 2 percent of the check amount for the service.
On April 30, 2008, the CI brought a $13,000 check, payable to an undercover identity, to Urban Zone and gave it to Salas' wife and a copy of the payee's driver's license to Salas. Salas deposited the check into a Bank of America account and contacted the CI the following day to make arrangements for payment of $12,740 - $13,000 minus his 2 percent fee.The CI cashed a second $13,000 check in May, receiving $12,740. No cash transaction report was filed for either transaction, according to the U.S. Attorney's Office.
Salas will begin serving his sentence on Jan. 25, 2013.
The case was investigated by the IRS, Criminal Investigations Division, the U.S. Social Security Administration, Office of Inspector General, the U.S. Department of Homeland Security, ICE and the FBI. It was prosecuted by Assistant U.S. Attorney Alfred Rubega.
READER COMMENTS: 0
- Henniker police shoot suspect in truck heist - 1
- Man extradited from Texas on July report of sexual assault on juvenile in Nashua - 0
- Manchester police investigating after man stabbed in neck - 1
- Ferguson protests enter third day; arrests in St. Louis - 0
- Abuse history at Nashua address where 3-year-old died - 7
- Franklin robbery suspect sought, considered armed and dangerous - 0
- Franklin man and woman arraigned for attempted prostitution of minor - 1
- Police investigating death of 3-year-old girl in Nashua - 7
- Police say hit-and-run driver was observed tossing beer cans from car - 0
READER COMMENTS: 0
- Hamilton's OT goal wins for Bruins - 0
- Dowd's goal wins for Manchester - 0
- John Habib's City Sports:'Moment' is here: Derryfield CC renovation begins - 0
- Driver charged with DWI after mayhem on I-293 - 0
- Department of Employment Security sends confidential ID info to wrong firms - 0
- Day Three in the dark for many in NH - 0
- Man, 86, struck by car while crossing street in Manchester - 0
- Hot deals, warm shoppers - 0
- Londonderry shelter gives residents warm place to stay after power outages - 0
Man allegedly tries to run over officer in Manchester, police van crashes while responding
Day Three in the dark for many in NH
Derry holiday parade to be held today
After the election is over, the signs remain
- Whom do you think bears the brunt of the blame for the mayhem this weekend in Keene?
- KSC students
- KSC administration
- Visitors from out of town
- A combination of any/all of the above
- Total Votes: 2483