Overland Park men indicted for investment fraud scheme

KANSAS CITY, KAN. – Two Kansas men made their initial appearances before a federal judge following indictments in connection with a $4 million retail sales investment scheme.

According to court documents, Baha Ibrahim, 21, and Jawad Albadawi, 21, both of Overland Park, were indicted on one count of wire fraud conspiracy, nine counts of wire fraud, one count of money laundering conspiracy, six counts of money laundering, and seven counts of transacting in criminal proceeds. 

According to court documents, Ibrahim and Albadawi allegedly solicited money from investors by falsely claiming that their business would purchase merchandise wholesale and then sell the items online as individual retail sales, thereby yielding high returns. From March 2024 to August 2024, Ibrahim and Albadawi are accused of failing to purchase bulk items or sell them consistent with representations they made to investors.  They are accused of misappropriating investors’ funds for their own personal benefit, including the purchase of luxury vehicles, cryptocurrency, and lavish trips to Dubai in the United Arab Emirates, Greece, and Las Vegas. 

Ibrahim and Albadawi made their initial court appearances on November 24, 2025, before U.S. Magistrate Judge Teresa J. James of the U.S. District Court for the District of Kansas.

The Federal Bureau of Investigation (FBI) is investigating the case.

Assistant U.S. Attorney Ryan J. Huschka is prosecuting the case.

OTHER INDICTMENTS

Andrew M. Amundsen, 33, of Leavenworth was indicted on one count of felon in possession of a firearm and one count of possession of a firearm by an unlawful user of a controlled substance. The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) is investigating the case. Assistant U.S. Attorney Faiza Alhambra is prosecuting the case.

An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
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