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Reading: Former California Resident Admits To Executing $36,000,000 Scam That Hit More Than 400 Elderly Americans
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > Former California Resident Admits To Executing $36,000,000 Scam That Hit More Than 400 Elderly Americans
Cryptocurrency News

Former California Resident Admits To Executing $36,000,000 Scam That Hit More Than 400 Elderly Americans

Last updated: September 18, 2026 8:56 pm
By Michelle Whelan 2 Min Read
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A former California resident has admitted to his role in a scheme that stole more than $36 million from more than 400 mostly older Americans.

Juliet Mora, 42, formerly of Hayward and now living in Nicaragua, pleaded guilty September 14th to conspiracy to commit money laundering, says the U.S. Attorney’s Office for the Eastern District of California.

The group posed as lawyers who promised restitution to timeshare owners and earlier scam victims. Those targets signed sham contracts and sent checks or wires to shell companies.

Mora joined in August of 2021. She received more than $1.56 million in stolen funds. Investigators traced nearly $2.75 million to accounts she controlled.

She misled banks, reopened accounts closed for suspicious activity and later directed U.S. partners from Nicaragua using fake paralegal emails.

Agents arrested her in December of 2025 at Boston Logan International Airport after she arrived from Panama.

Fifteen U.S.-based defendants were arrested in October of 2025 and more than $2.1 million was seized. Authorities in Nicaragua and Mexico later detained additional suspects. Three defendants remain at large.

Mora faces up to 20 years in prison and a $500,000 fine, or twice the amount laundered, whichever is greater. U.S. District Judge Jennifer L. Thurston is scheduled to sentence her on December 14th of 2026.

The FBI, IRS Criminal Investigation and the Bakersfield Police Department investigated the case.

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This post Former California Resident Admits To Executing $36,000,000 Scam That Hit More Than 400 Elderly Americans may be modified as updates unfold.

Please note, this site provides content for entertainment purposes only and does not offer financial advice. Read more here

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