Mays Landing, NJ, Man Charged With Laundering Over $9.7 Million
A Mays Landing man was arrested on Thursday for his part in a large-scale money laundering operation worth over $9.7 million.
That's according to the Atlantic County Prosecutor's Office, which says 31-year-old Isaiah Edwards-Stewart is facing 17 charges, including,
Authorities say their investigation, which began last year, "revealed Edwards-Stewart’s alleged involvement with the financial operation that included the deposits of stolen checks into different bank accounts belonging to various other individuals, from which the funds would be transferred to Edwards-Stewart’s personal bank accounts at multiple different establishments."
Edwards-Stewart was allegedly found to be in possession of nearly 2,000 stolen checks amounting to an estimated $9.7 million, as well over 1,000 items of personal identifying information for other people, numerous government documents belonging to other individuals, as well as software and templates to create fraudulent checks.
This case was investigated by the New Jersey State Police, the Atlantic County Prosecutor’s Office, and the FBI.
The public is reminded that charges are accusations and all persons are considered innocent until proven guilty in a court of law.