Source: United States Department of Justice News
United States Attorney Alison J. Ramsdell announced that a Sioux Falls, South Dakota, man has been indicted by a federal grand jury for his role in bank fraud and money laundering conspiracies.
Keyvon Hamilton Hogan Jr., age 22, was indicted on April 5, 2022. He made his initial appearance before U.S. Magistrate Judge Daneta Wollman on June 22, 2022, and pled not guilty to the Indictment. Keyvon Hamilton Hogan Jr. has been charged with three co-defendants: Antyon Hamilton Hogan Jr., age 24; Marvin Antuon Williams, age 31; and Giovanni Hamilton, age 23.
The maximum penalty upon conviction is up to 30 years in custody for Bank Fraud Conspiracy, 20 years in custody for Money Laundering Conspiracy, and/or a $250,000 fine, three years of supervised release, and $100 to the Federal Crime Victims Fund. Restitution and forfeiture may also be ordered.
According to the Indictment, in 2020 and continuing until April 2022, all of the defendants conspired and agreed with others to knowingly conduct and attempt to conduct bank fraud and financial transactions affecting interstate and foreign commerce. Specifically, the co-conspirators knowingly conspired to execute and attempt to execute a scheme and artifice to defraud financial institutions throughout the Sioux Falls area and elsewhere, including, but not limited to, First Premier Bank, Wells Fargo Bank, Levo Credit Union, First National Bank, First Bank and Trust, U.S. Bank, American Bank and Trust, American State Bank, Navy Federal Credit Union, Pima Federal Credit Union, JP Morgan Chase, and Security National Bank of South Dakota. These defendants, as alleged, schemed to obtain money, funds, and other property owned by, and under the custody and control of, the aforementioned financial institutions, by means of false or fraudulent pretenses, representations, and promises.
After obtaining funds through fraud, the co-conspirators and others engaged in depositing, transferring, wiring, and withdrawing currency, and funds at financial institutions, which involved the proceeds of specified unlawful activity – that is, the bank fraud identified above. These defendants knew that the transactions were designed in whole or in part to conceal and disguise the nature, location, source, ownership, or control of the proceeds of the fraud scheme. While conducting and attempting to conduct such financial transactions, it is alleged that the defendants knew that the property involved in the financial transactions represented the proceeds of some form of unlawful activity.
The charges are merely accusations, and the defendants are presumed innocent until and unless proven guilty.
The investigation is being conducted by the following agencies:
– Internal Revenue Service Criminal Investigation;
– Department of Homeland Security, Homeland Security Investigations;
– Sioux Falls Police Department;
– U.S. Postal Service; and
– South Dakota Highway Patrol.
Assistant U.S. Attorney Jeremy R. Jehangiri is prosecuting the case.
Antyon Hogan, Williams, and Keyvon Hogan were remanded to the custody of the U.S. Marshals Service pending further proceedings and trial. Giovanni Hamilton was released on bond. A trial date of August 30, 2022, has been set.