FBI Seeks Fugitive Wanted for Conspiracy to Commit Bank and Wire Fraud
June 23, 2010
Total Loss:
Unknown
The FBI is seeking to identify the whereabouts of fugitive John Edos Star and arrest him. Star, arraigned on an initial charge of conspiracy to commit bank fraud and wire fraud, later jumped bail. A federal warrant for his arrest was issued in April of this year and he has since been charged with failure to appear.
John Edos Star is wanted for his alleged involvement in a real estate fraud scheme. It is alleged that, from approximately 2003 to 2007, Star obtained real estate properties in New York and elsewhere through foreclosure auctions and other means. He then put these properties in the names of corporations which he controlled. Star then sold the properties from the corporations to straw buyers in illegal property flips.
Source:
FBI - New York
Posted in:
Collusive Networks