Prison sentence in currency fraud case
A Newark man has been sentenced to more than eight years in prison for wire fraud and money laundering.
Forty-five-year-old Kyong Ho Kim was also ordered to pay restitution in the $2.2 million crime at sentencing Monday.
Prosecutors say Kim engaged in a fraudulent foreign currency trading scheme in which he diverted victims' funds to his personal bank accounts.
Copyright © Dec 21, 2014, WDEL/Delmarva Broadcasting Company. All Rights Reserved.
Advanced permission from Delmarva Broadcasting Company required for publication or rebroadcast.