Investigations

On August 14, 2018, Latoya Monique James was sentenced in U.S. District Court, Worcester, Massachusetts, to 1 week time served; 36 months’ supervised release, which includes 1year of home confinement on electronic monitoring; and $6,076.09 in restitution for her role in a conspiracy to commit bank fraud and money laundering. James pleaded guilty on March 22, 2018.

 

Between January 2014 and January 2016, James used stolen and falsified identities and documents, including FAA medical certificates and FAA aircraft security agreements, to obtain bank loans to purchase airplanes, automobiles, and other items. She deposited the proceeds of the fraudulent loans in bank accounts that she’d opened under the names of fictitious corporations.

 

DOT-OIG conducted this investigation with the FBI.