"Operation Cash Out" Uncovers Illicit Sales of Over 70,000 Stolen Cellular Devices Valued at Nearly $100 Million
SHERMAN, Texas - A federal grand jury in Sherman has returned a seven-count superseding indictment charging 101 individuals in a cell phone trafficking conspiracy in the Eastern District of Texas, announced Acting U.S. Attorney Nicholas J. Ganjei today.
The superseding indictment was returned on August 11, 2021, and charges 101 individuals with conspiracy to interfere with interstate commerce; interference with interstate commerce; use or brandishing of a firearm during a crime of violence; conspiracy to transport stolen property in interstate commerce; mail fraud conspiracy; wire fraud conspiracy; and money laundering conspiracy. The superseding indictment remained sealed until this week.