feed



  • Powered by Crown Equity Holdings Inc.
      • crown-logo

        Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

Post on CRWE World Login
logoAshburn, UNITED STATES
header-img
  • Home
  • News
  • World
      • World News
      • Cannabis News
      • Español
  • Politics
      • U.S. Legislators
      • Political News
  • Sports
  • Business
      • Markets
      • Hottest Stocks Today
      • Earnings Calendar
      • Regulatory
      • Fundraising Campaigns
      • IPOs
      • Money
      • Career
  • Tech
      • Tech
      • Science
  • Living
      • Arts & Entertainment
      • Family
      • Food
      • Pets
      • Seniors
      • Fashion/Fitness
      • Home & Garden
  • Health
      • Health
      • Pharma & Biotech
  • Opinion
      • Finance
      • Law
      • Healthcare
      • Cannabidiol (CBD)
      • Fashion
      • Religion
      • Opinion En Español
      • Juegos de Azar
      • Familia
  • Travel
  • Local
      • News
      • Trending Now
      • Real Estate
      • Coupons & Deals
      • Business Directory
  • Jobs
  • More
      • Business 2 Business
      • Buy a Domain
      • Press Releases
      • Press Releases Pricing
      • News from GlobeNewswire
      • News from PR Newswire
      • News from Business Wire
      • News from Accesswire
      • Video Channels
      • Beauty
      • Business
      • Comedy
      • Entertainment
      • Fashion
      • Featured
      • Health
      • Instructional
      • News
      • Politics
      • Sports
      • Technology
      • Entertainment
      • Horoscope
      • Sudoku
      • Crossword
      • Games
      • Chat
      • Affiliate | How It Works
      • Join CRWE WORLD Affiliate Program
      • CRWE WORLD Advertising Services Rate
      • Crown Equity Holdings' Overview
      • CRWEWorld Real-Time Global Visitors
      • Content Delivery Solution
        • Contact Us
  • More

Change City


-- OR --
load
load
  • Home
  • Articles
  • news
21° Cweather-icon
http://crweworld.com/assets/img/east-coast-ideas-investor.png
http://crweworld.com/assets/img/east-coast-ideas-investor2.png
http://crweworld.com/assets/img/red-line.jpg

FBI Arrests Dallas Technology Company's Former Lead Systems Engineer on Mail Fraud and Money Laundering Charges

news2016-07-22
5 Views

Thursday, July 21, 2016

DALLAS — Albert Shih-Der Chang, a former Lead Systems Engineer for a Dallas technology company known as One Technologies, was arrested at his residence in Fairview, Texas, this morning by special agents with the FBI on an indictment charging federal felony offenses stemming from his approximate $2.4 million theft or embezzlement from the company, announced U.S. Attorney John Parker of the Northern District of Texas.

A federal grand jury in Dallas returned the 11-count indictment yesterday charging Chang with 10 counts of mail fraud and one count of money laundering.  Chang, 35, made his initial appearance in federal court this afternoon before U.S. Magistrate Judge Renée Harris Toliver and was released on bond with conditions.

According to the indictment, from approximately October 4, 2004, through August 15, 2014, Chang worked for One Technologies, initially as its Network/Systems Administrator and later as its Lead Systems Engineer.

The indictment alleges that from approximately June 2008 through August 2014, Chang devised and ran a scheme to defraud One Technologies by causing the company to pay more than $2.4 million as a result of his false and fraudulent pretenses, representations and promises.  Chang caused One Technologies to transfer funds, based on material representations, to financial accounts he controlled, and Chang caused One Technologies to purchase products, purportedly for the company’s use, that Chang later converted to his own use.

To carry out his scheme, Chang allegedly created fictitious companies and opened bank accounts or PayPal accounts for them, rented mailboxes for them, and contracted for virtual offices for them with mail forwarding services.  He also created and submitted fictitious purchase requisitions, orders, invoices, and receipts that One Technologies paid.

The money laundering count alleges that from approximately April 15, 2013, until May 30, 2013, Chang wired-transferred nearly $300,000 from his joint account at Chase Bank to a title company to purchase a residence on Stone Hinge Drive in Fairview, and that funds transfer involved the proceeds of the fraud.  

An indictment is an accusation by a federal grand jury, and a defendant is entitled to the presumption of innocence unless proven guilty.  However, if convicted, the maximum statutory penalty for each mail fraud count is 20 years in federal prison and a $250,000 fine.  The money laundering count, upon conviction, carries a maximum statutory penalty of 10 years in federal prison and a $250,000 fine.  Restitution could also be ordered.  The indictment also includes a forfeiture allegation that would require the defendant, upon conviction, to forfeit any property that constitutes or was derived from proceeds traceable to the fraud, including his residence in Fairview. 

The FBI is in charge of the investigation and the Fairview Police Department assisted with the arrest.  Assistant U.S. Attorney C.S. Heath is in charge of the prosecution.

Department of Justice
U.S. Attorney’s Office
Northern District of Texas
 
This content has been reproduced from its original source.

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.

http://crweworld.com/assets/img/Global-Healthcare-Conf.png


Post on CRWE WorldSign Up for Free E-mail Updates
  • Three Part Advisors 2018 East Coast IDEAS Investor Conference
  • Online Advertising Services, Advertising Online, Advertising On Internet, B2B Online Advertising, SEO Internet Advertising, Online Marketing Services, Small Business Online Advertising, Online Advertising Services and Tools, Online advertising from CRWE World Marketing Services, internet advertising services, internet marketing Services, Online Advertising Campaigns, Online Marketing Campaigns
  • UBS Global Healthcare Conference 2018
  • Dow Jones Top market gainers and losers today, Dow Jones Market Movers, Dow Jones hot stocks to buy today
  • Caesars Palace Las Vegas, Caesars Palace Hotel, Caesars Palace Casino
http://crweworld.com/assets/img/wall-street-rect2.png
http://crweworld.com/assets/img/wall-street-sq.png



Join with us
Live Traffic Feed
About CrweWorld
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Finance Disclaimer
  • Jobs
Subscribe for newsletter
3+2
Contact Info
  • contact@crweworld.com

  • P: (702) 683-8946

  • P: (702) 810-0178

  • 11226 Pentland Downs St, Las Vegas, NV 89141

Tweets by CrweWorld
Tweets by @CrweWorld
  • © 2018 crweworld.com
ad1

http://crweworld.com/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

ad2

http://crweworld.com/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

ad3

http://crweworld.com/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

ad4

http://crweworld.com/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

ad5

http://crweworld.com/assets/images/ad/ad4.png

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

Advertisements

http://crweworld.com/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

http://crweworld.com/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

http://crweworld.com/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

http://crweworld.com/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

http://crweworld.com/assets/images/ad/ad4.png

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

CRWE WORLD Advertising Services RateJoin CRWE WORLD Affiliate Program