NEWARK, NJ – A businessman and former Utah resident has been charged with illegally operating an unlicensed cash transmission small business, U.S. Lawyer Philip R. Salinger.
Christopher James Scanlon, 43, initially from Utah and now living in the United Kingdom, was charged with one particular count of conspiracy to manage and personal an unlicensed cash transmission small business. Scanlon was arrested now at Miami International Airport and is anticipated to make his initially look in the US District Court for the Southern District of Florida on Friday.
According to documents filed in the case and statements created in court:
Scanlon was the president, chief executive officer and founder of the Aurae Life-style and Club Swann brands. From 2015 to 2019, Scanlon controlled a quantity of legal entities – PMA Media Group Inc. AU Card LLC AU Card Ltd., and Nvaio Ltd., (collectively, the “AU Entities”) – that it operated as a cash transfer small business to present fiat and cryptocurrency economic solutions to Aurae Lifestyle’s clients. Scanlon served as a buyer service representative for a number of wealthy Aurae Life-style clients. He regularly communicated with consumers about economic transactions employing encrypted messaging apps and directed AU entities to conduct economic transactions for consumers via US banks and cryptocurrency organizations. Scanlon operated Aurae Life-style throughout this period with out effectively registering as a cash transmitter small business with the Economic Crimes Enforcement Network (FinCen), a bureau of the US Treasury Division.
The conspiracy count carries a maximum sentence of 5 years in prison, a fine of up to $250,000, or double the monetary advantage to the defendant or loss to the victims, whichever is higher.
U.S. Lawyer Salinger assigned Particular Agents of the IRS-Criminal Investigation, beneath the path of Chief Particular Agent Tammy Tomlins, and Particular Agents of the U.S. Attorney’s Workplace, beneath the path of Particular Agent in Charge Thomas Mahoney, with the investigation that led to the charges.
The government is represented by Assistant U.S. Attorneys Jamie Hokie Solano and Sophie E. Reiter of the Cybercrime Unit in Newark.
The charge and allegations contained in the complaint are allegations only, and the defendant is presumed innocent unless and till confirmed guilty.