(FiveNation.com)- The FBI offered a reward of up to $5 million on Wednesday for information leading to the capture and conviction of a wanted fugitive.
Semion Mogilevich is accused of taking part in a $150 million Ponzi scheme that duped hundreds of investors. In 2002 and 2003, he was charged with racketeering, securities fraud, wire fraud, mail fraud, and money laundering by the federal government.
According to the FBI, Mogilevich headed and managed the Mogilevich Enterprise between 1993 and 1998, an organization that coordinated a “sophisticated plan” to defraud stock investors.
Mogilevich is a 75-year-old Caucasian man with gray hair and green eyes, standing 5′6′′ to 5′7′′ tall, weighing 290 pounds, and balding with gray hair and green eyes. He was born on June 30, 1946, in Kyiv, Ukraine, but also uses July 5, 1946, as an alias date of birth. He holds passports from Russia, Ukraine, and Israel. His present location is thought to be Moscow, Russia.
He should be considered armed and dangerous.
The FBI, in collaboration with the US Department of State’s Transnational Organized Crime (TOC) Rewards Program, announced today a reward of up to $5 million for information leading to Semion Mogilevich’s arrest and/or conviction in a scheme that defrauded thousands of investors out of more than $150 million.
In 2002 and 2003, Mogilevich was charged with federal crimes in the Eastern District of Pennsylvania, Philadelphia, Pennsylvania. Racketeering, securities fraud, wire fraud, mail fraud, and money laundering are among the offenses leveled against him.
According to the accusations, between 1993 and 1998, Mogilevich directed and oversaw the Mogilevich Enterprise. This organization included a network of firms in more than 20 countries that staged a complex operation to defraud stock investors.
Mogilevich is said to have sponsored and sanctioned the scam. This sophisticated web of organizations was created to give the appearance of a successful worldwide firm.
The United States Attorney’s Office prosecutes the case for the Eastern District of Pennsylvania and the Justice Department’s Organized Crime and Gang Section (OCGS) of the Criminal Division.
Murder, extortion, trafficking of women for prostitution, arms trafficking, money laundering, bank and securities fraud were all part of Mogilevich’s criminal enterprise.
The United States Department of State offers a REWARD OF UP TO $5 MILLION for information leading to Semion Mogilevich’s arrest and/or conviction.
Anyone with information is encouraged to contact the FBI by calling 1-800-CALL-FBI, sending a WhatsApp message to 215-839-6844, or submitting a report online at tips.fbi.gov.
All of the informants’ identities are kept private.
