Florida Woman Pleads Guilty To Role In Wire Fraud Conspiracy Involving Panamanian Boiler Rooms
Tampa, Florida – United States Attorney Roger B. Handberg announces that Tracy Lee Jedlicki (55, Delray Beach) has pleaded guilty to wire fraud conspiracy for her role in the operation of international boiler rooms which defrauded victims via the sale of worthless investments. Jedlicki faces a maximum penalty of five years in federal prison. A sentencing date has not been set.
According to the plea agreement, Jedlicki and her co-conspirators operated international boiler rooms in Panama and elsewhere which used high-pressure sales techniques to defraud individuals who believed they were investing substantial amounts of money in regulated financial products or markets, such as options in commodities and stocks. The majority of the victims targeted by these boiler rooms were located in Canada, the United Kingdom, Australia, and New Zealand.
Jedlicki and her co-conspirators laundered the fraud proceeds generated by the boiler rooms through several money laundering rings to overseas accounts; the launderers received a percentage of the funds they had moved. Jedlicki's duties included, among other tasks, arranging travel for boiler room workers to the boiler room locations, calling victims while posing as an employee of a fake investment firm to set up loading calls for co-conspirators operating the boiler rooms, serving as a liaison between the boiler rooms and a money laundering organization, and reconciling payments between the boiler rooms and the money laundering organization. Jedlicki received a 2% referral fee for referring victims’ funds to a money laundering ring and used the funds to perpetuate the conspiracy and for her own personal enrichment. Jedlicki and her co-conspirators wired or caused to be wired victims’ funds in the approximate amount of $3,244,500 to money laundering accounts in furtherance of the wire fraud conspiracy.
This case was investigated by Homeland Security Investigations and the Internal Revenue Service – Criminal Investigation. It was prosecuted by Assistant United States Attorneys David W.A. Chee and Craig Gestring.