TexasBitcoin

Multimillion-dollar unlicensed money transmitter sent to prison

Oct 16, 2025 · Sourced to the U.S. Department of Justice

This case reached the sentenced stage in the Department of Justice's public record. Everything below reflects only what the government itself announced, and links to the original release.

A 56-year-old Iraqi citizen who resided in Richmond has been sentenced following his conviction of unlicensed money remitting

Announced

Oct 16, 2025

Forfeiture

$282K

Status

Sentenced

Defendants

  • Sameer Sami Rasheed Al Salmanage 56 · Richmond · sentenced

Charges

  • Operating an Unlicensed Money Transmitting Business

    Sameer Sami Rasheed Al Salman· convicted

Financial actions

  • forfeiture: $282,000Over $282,000 in cash discovered stored within Salman's residence during search, which he will forfeit
  • seizure: $300,000Cash Salman refused to tell FBI the location of when they searched his house

Investigating agencies

Federal Bureau of InvestigationU.S. Attorney's OfficeFederal Bureau of Prisons

Case details

Prosecuting office
Southern District of Texas
Judge
Sim Lake, U.S. District Judge
Asset ForfeitureHawala TransactionsImmigration And RemovalInternational Money MovementLaw Enforcement Investigation And ProsecutionSupport To Criminal OrganizationsUnlicensed Money Transmitting

Primary source

Every fact above is drawn from the Department of Justice's own announcement — a public-domain government record.

Read the original DOJ release →

This is a research and reference page compiled from public DOJ announcements, not legal advice. Details reflect the government's statements as of its release date and may not capture later developments such as appeals, dismissals, or overturned convictions. Defendants are presumed innocent unless and until proven guilty.