50th conviction in Feeding Our Future fraud scheme
A 46-year-old man pleaded guilty to wire fraud and money laundering in connection with the Feeding Our Future fraud scheme on July 24.
According to the U.S. Attorney’s Office, Mahad Ibrahim partnered with Feeding Our Future co-conspirators through his nonprofit ThinkTechAct Foundation.
Ibrahim took deliberate steps to avoid learning the full scale of the fraud scheme, but still allowed his non-profit to be used to further the scheme and received pay-outs in exchange, prosecutors said.
He then used MIB Holdings LLC to launder the money he got and bought real estate in Ohio.
Prosecutors add that Ibrahim’s participation in the fraud scheme cost taxpayers millions of dollars.
Hamdi Omar and Hibo Daar pleaded guilty to their roles in the fraud scheme on Friday.
RELATED: 2 more people plead guilty in Feeding Our Future scheme
The post Man enters guilty pleas to wire fraud, money laundering in Feeding Our Future scheme first appeared on KSTP.com 5 Eyewitness News.
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