James Wesley Jackson III Christopher Fagon : “Two L.A. County Residents Arrested for $2 Million Grandparent Scam”

Death – Obituary – Accident and Crime News : Two Los Angeles County residents have been arrested for their involvement in a series of “grandparent scams” that resulted in over $2 million being stolen. The suspects have been identified as James Wesley Jackson III, also known as “Imperial,” aged 42, and Christopher Fagon, aged 45, who used various aliases, primarily variations of “Christopher Broker.” The U.S. Attorney’s Office provided this information.

“Grandparent scams” typically target elderly victims by convincing them to send money to help their relatives, often claiming that their grandchildren are in legal trouble. The scammers instruct the victims to send the money through bank accounts, business entities, and provided addresses via interstate wires and cashier’s checks, according to court documents.

To further conceal the stolen funds, the scammers enlisted the help of “money mules” who allowed their addresses or bank accounts to be used to receive or negotiate cashier’s checks. Fagon allegedly managed a group of money mules, including Jackson, who recruited his own team. Fagon is also accused of creating businesses and opening bank accounts using stolen information from identity theft victims.

Once the money was transferred into the accounts, Fagon and Jackson engaged in transactions aimed at disguising the true nature of the funds to commit wire fraud.

The elderly victims targeted in this scheme resided in California and across the United States. In one instance, the stolen funds were held in suspense in an account set up using a victim’s name. Fagon, Jackson, and another associate worked together to contact the bank and impersonate the victim, resulting in receiving a check for nearly $83,000 from the account.

Jackson has been charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. He pleaded not guilty and was released on bond, with a trial scheduled for February 6, 2024.

Fagon, who lived in Beverly Grove in Los Angeles at the time of the scam, faces the same charges and is believed to be in or near Toronto, Canada.

If convicted, the charge of conspiring to commit money laundering carries a maximum sentence of 20 years in prison, while conspiring to commit bank fraud carries a maximum sentence of 30 years in prison.

The FBI is currently investigating the case, with assistance from the Toronto Police Service in Canada.

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