Del. Man Sentenced in Currency Fraud - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Del. Man Sentenced in Currency Fraud


WILMINGTON, Del. (AP) - A Newark man has been sentenced to more than eight years in prison for wire fraud and money laundering.

Forty-five-year-old Kyong Ho Kim was also ordered to pay restitution in the $2.2 million crime at sentencing Monday.

Prosecutors say Kim engaged in a fraudulent foreign currency trading scheme in which he diverted victims' funds to his personal bank accounts.


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