From FOX 4 News Dallas-Fort Worth · Sierra Rains · · 1m 10s
Dallas man arrested in $373M bank fraud case
Dallas man arrested at JFK airport after alleged $373M bank fraud scheme targeting thousands.
In brief
Dallas man arrested at JFK airport after alleged $373M bank fraud scheme targeting thousands. Dallas man Muhamed Dieye arrested at JFK airport for $373M bank fraud targeting thousands of victims. Originally reported by FOX 4 News Dallas-Fort Worth.
Arrest at JFK airport
Dallas man Muhamed Dieye arrested at JFK airport while trying to board flight to Malaysia.
14 face federal charges
14 people including alleged ringleader Muhamed Dieye face federal charges for $373 million bank fraud scheme.
Scheme details
Suspects used bank insiders, SIM swapping, fake IDs, and phone spoofing to breach accounts across Chase and Bank of America.
Ringleader tried to flee
Dieye tried to destroy cell phone containing evidence of researching how to buy home in Malaysia.
13 others indicted
13 others including Terrence Dudley and Renaldo Santez Gaines indicted on wire fraud, bank fraud and identity theft charges.
Banks impacted
Banks impacted include Truist, Bank of America, First Bank, Woodforest National Bank, JPMorgan Chase and Charles Schwab.
What's next
Dieye ordered released on bond but federal authorities obtained emergency stay of release.
What matters most
Dallas man Muhamed Dieye arrested at JFK airport for $373M bank fraud targeting thousands of victims.
