Georgia man sentenced in Adams County money laundering scheme

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

HARRISBURG, Pa. – A federal judge in Harrisburg sentenced Jorge Salazar, 58, of Georgia, to 14 years and six months in federal prison today for wire fraud, money laundering and aggravated theft charges.

According to United States Attorney Peter Smith, the charges against Salazar were a result of a fraudulent investment scheme he carried out in Adams County, from 2012 through 2014.

As part of the scheme, Salazar falsely represented he was a lawyer and investor from Atlanta, Georgia. He also represented that investors could invest up to $49,999 through his company and that investors would receive a return of up to three times their investment within six months.

Approximately, 19 people invested $360,000 with Salazar. Once he received the investors’ monies, Salazar fled to Kentucky where he was arrested.
The investigation revealed that Salazar spent a significant percentage of the fraud proceeds to purchase an RV and a home in Kentucky.

Salazar was indicted by a grand jury in Harrisburg in November 2014, as a result of an investigation by the Federal Bureau of Investigation, the Internal Revenue Service, Criminal Investigations, and the Pennsylvania State Police.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.