Dearborn man sentenced to three years in prison for defrauding retailers of more than $4 million

January 4th, 20250 SEATTLE – A 27-year-old Dearborn, Michigan, man was sentenced Dec. 19 in U.S. District Court in Seattle to three years in prison and three years of supervised release for a fraud scheme damaging retailers across the country, First Assistant U.S. Attorney Teal L. Miller said in a press release. Sajed Al-Maarej operated “Simple...

Federal lawsuit filed against Lebanese banks and their American affiliates for defrauding U.S. depositors

May 17th, 20240 WASHINGTON, D.C. — According to a complaint filed May 15 in federal court, for years, Banque du Liban (BDL), Byblos Bank, S.A.L. (Byblos) and others (together, the “Lebanese Banking Enterprise”) have stolen billions of dollars from U.S. depositors. These U.S. citizens and residents claim the Lebanese Banking Enterprise...