A Canadian man named Poupak Jannissar has admitted in court to committing wire fraud and money laundering in Las Vegas. The U.S. Department of Justice revealed that Jannissar, who is 52 years old, was involved in a scheme that involved stealing millions of dollars from the bank accounts of American citizens.
He pleaded guilty to charges of wire fraud and money laundering, as prosecutors stated that he set up fake companies like Computer Run, EBooks, and Joreeb to deceive victims and siphon money from their accounts. These companies did not offer any legitimate products or services but were used as a front to cover up the illegal transfers of money.
Despite entering a guilty plea, Jannissar did not reach a plea agreement. Court documents indicate that he acquired personal information of victims and falsely claimed that they had authorized withdrawals from their accounts by his fake companies. The stolen funds were then moved to Canadian bank accounts.
Jason M. Frierson, the U.S. Attorney for the District of Nevada, emphasized the importance of holding individuals like Jannissar accountable for defrauding consumers. He highlighted that such actions not only harm individuals but also undermine the foundation of trust in business transactions.
Jannissar is set to be sentenced on November 6 and could face a maximum sentence of 20 years in prison for the crimes he has committed. This case serves as a reminder of the ongoing efforts to identify and prosecute those who engage in financial crimes that target innocent individuals.
For more information on this case, you can reach out to Estelle Atkinson at eatkinson@reviewjournal.com.
