Husband And Wife Charged With Multimillion-Dollar Gift Card Fraud Scheme

Press Release Husband And Wife Charged With Multimillion-Dollar Gift Card Fraud Scheme Tuesday, September 19, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Xuliang Hou, Yuna Lin, and Their Co-Conspirators Allegedly Tricked Victims into Purchasing Gift Cards That They Used to Purchase Millions of Dollars’ Worth of Merchandise Damian Williams, the United States Attorney for the Southern District of New York, and Ivan J. Arvelo, the Special Agent in Charge of the New York Field Office of Homeland Security Investigations (“HSI”), announced the unsealing of an Indictment charging XULIANG HOU and YUNA LIN with conspiring to commit wire fraud. HOU and LIN were arrested yesterday and will be presented today before U.S. Magistrate Judge Jennifer E. Willis. The case has been assigned to U.S. District Judge Richard M. Berman. U.S. Attorney Damian Williams said: “For nearly two years, Xuliang Hou, Yuna Lin, and their co‑conspirators allegedly engaged in a brazen scheme to obtain gift card information from their victims through lies. As alleged, they used those gift cards to purchase millions of dollars’ worth of products, including electronic devices. Thanks to the skillful investigative work of HSI and the dedication of the prosecutors of this Office, the defendants’ alleged scheme will be put to an end.” HSI Special Agent in Charge Ivan J. Arvelo said: “The defendants, along with their co-conspirators, stand accused of swindling victims out of millions of dollars across multiple states over the course of several years. HSI New York remains steadfast in our commitment to thwart criminal organizations seeking to undermine the integrity of American businesses and the stability of our financial system.” According to the allegations in the Indictment:[1] From July 2020 through at least May 2022, XULIANG HOU and YUNA LIN carried out a scheme in which victims were induced, under false pretenses, to purchase gift cards redeemable at certain stores. The scheme’s perpetrators used those cards to purchase millions of dollars’ worth of various products, including electronic devices. * * * HOU, 32, and LIN, 30, both of Philadelphia, Pennsylvania, are each charged with one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison. The maximum potential sentence is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendants will be determined by a judge. Mr. Williams praised the outstanding investigative work of HSI. This case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorneys Jeffrey W. Coyle and Benjamin M. Burkett are in charge of the prosecution. The charges contained in the Indictment are merely accusations, and the defendants are presumed innocent unless and until proven guilty. [1] As the introductory phrase signifies, the entirety of the text of the Indictment and the description of the Indictment set forth below constitute only allegations, and every fact described should be treated as an allegation. Contact Nicholas Biase (212) 637-2600 Updated September 19, 2023 Topic Financial Fraud Component USAO - New York, Southern Press Release Number: 23-323

Press Release Husband And Wife Charged With Multimillion-Dollar Gift Card Fraud Scheme Tuesday, September 19, 2023 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Xuliang Hou, Yuna Lin, and Their Co-Conspirators Allegedly Tricked Victims into Purchasing Gift Cards That They Used to Purchase Millions of Dollars’ Worth of Merchandise Damian Williams, the United States Attorney for the Southern District of New York, and Ivan J. Arvelo, the Special Agent in Charge of the New York Field Office of Homeland Security Investigations (“HSI”), announced the unsealing of an Indictment charging XULIANG HOU and YUNA LIN with conspiring to commit wire fraud. HOU and LIN were arrested yesterday and will be presented today before U.S. Magistrate Judge Jennifer E. Willis. The case has been assigned to U.S. District Judge Richard M. Berman. U.S. Attorney Damian Williams said: “For nearly two years, Xuliang Hou, Yuna Lin, and their co‑conspirators allegedly engaged in a brazen scheme to obtain gift card information from their victims through lies. As alleged, they used those gift cards to purchase millions of dollars’ worth of products, including electronic devices. Thanks to the skillful investigative work of HSI and the dedication of the prosecutors of this Office, the defendants’ alleged scheme will be put to an end.” HSI Special Agent in Charge Ivan J. Arvelo said: “The defendants, along with their co-conspirators, stand accused of swindling victims out of millions of dollars across multiple states over the course of several years. HSI New York remains steadfast in our commitment to thwart criminal organizations seeking to undermine the integrity of American businesses and the stability of our financial system.” According to the allegations in the Indictment:[1] From July 2020 through at least May 2022, XULIANG HOU and YUNA LIN carried out a scheme in which victims were induced, under false pretenses, to purchase gift cards redeemable at certain stores. The scheme’s perpetrators used those cards to purchase millions of dollars’ worth of various products, including electronic devices. * * * HOU, 32, and LIN, 30, both of Philadelphia, Pennsylvania, are each charged with one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison. The maximum potential sentence is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendants will be determined by a judge. Mr. Williams praised the outstanding investigative work of HSI. This case is being handled by the Office’s General Crimes Unit. Assistant U.S. Attorneys Jeffrey W. Coyle and Benjamin M. Burkett are in charge of the prosecution. The charges contained in the Indictment are merely accusations, and the defendants are presumed innocent unless and until proven guilty. [1] As the introductory phrase signifies, the entirety of the text of the Indictment and the description of the Indictment set forth below constitute only allegations, and every fact described should be treated as an allegation. Contact Nicholas Biase (212) 637-2600 Updated September 19, 2023 Topic Financial Fraud Component USAO - New York, Southern Press Release Number: 23-323