Canadian Man Pleads Guilty to Fraud, Money Laundering Scheme Targeting Americans

A Canadian man pleaded guilty in a federal court in Las Vegas on July 30 to charges of conspiracy to commit wire fraud and money laundering in connection with a plot to steal millions of dollars from victims in the United States, according to the Department of Justice (DOJ). Poupak Jannissar, a 52-year-old resident of Quebec, Canada, operated several fraudulent companies under various names, including Computer Run, EBooks, Joreeb, Memo Storage, Our Online Backup, You Can Fax Too, and Your E-Library, according to court documents. These entities posed as providers of internet-based services such as cloud storage, internet faxing, and online books, the DOJ said. However, the services were entirely fictitious, and the companies allegedly served solely as fronts to facilitate the theft of funds from victims’ bank accounts....