Information Concerning Sterling Currency Group, LLC Actions
The United States Attorney’s Office has filed two separate forfeiture actions related to Sterling Currency Group, LLC and investments in foreign currency: United States v. Real Property Located at 225 Valley Road, N.W., et. al. (Civil Action Number 1:15-CV-2032) and United States v. Approximately 8,671,456,050 in Iraqi Dinars, et. al. (Civil Action Number 1:15-CV-2677).
Additionally, there is a related pending criminal matter: United States v. Rhame, et al., Criminal Action No. 1:16-CR-067. Information will be updated on the publicly available docket reports for these actions.
Please be informed that under the regulations found at 28 C.F.R. Part 9, victims of an offense who have suffered a pecuniary loss of a specific amount as demonstrated by documentary evidence may seek remission or mitigation of forfeiture. If the government prevails in the forfeiture actions, it will distribute information regarding the ability of individual victims to file a petition of remission. You may visit http://www.justice.gov/criminal-afmls/victims-forms to learn more about the petition for remission process. Although there is no required legal form or format for filing a petition for remission, the website provides a sample petition that victims may use as a guide.
We ask that you visit this website periodically for updates on these proceedings. Unfortunately, the United States Attorney’s Office is prohibited by law from providing legal advice related to these cases. Individuals who believe they have been impacted by these proceedings may choose to seek assistance from a lawyer who will be able to explain the forfeiture process.
Please also note that if you believe you are a victim of a scheme involving the Iraqi dinar you may contact the FBI. The FBI website states:
[s]ince the 2003 Iraq war, various promoters have claimed that the Iraqi dinar will undergo a “revaluation” (RV), meaning that dinar holders would make enormous profits. Many of these promoters claim to have high-level sources in the government or the financial industry. Several state agencies, major financial institutions, and consumer protection groups have cautioned that this is a scam.
If you wish to contact the FBI about this matter you may do so at https://forms.fbi.gov/iraqi-dinar-investment-investigation
Members of the public are reminded that the indictment only contains charges. The defendants are presumed innocent of the charges and it will be the government’s burden to prove the defendants’ guilt beyond a reasonable doubt at trial.
Case Status Updates
United States v. Tyson Rhame, et. al., 1:16-CR-67-SCJ-CMS
On October 9, 2018, the defendants TYSON RHAME, JAMES SHAW, and FRANK BELL were convicted of conspiracy to commit mail and wire fraud, mail fraud, and wire fraud. The defendants RHAME and BELL were also convicted of making false statements to federal agents. The defendants were acquitted of money laundering charges.
The next stage in these proceedings will be the sentencing hearings for the defendants, TYSON RHAME, JAMES SHAW, and FRANK BELL. You are welcome to attend this proceeding; however, unless you have received a subpoena, your attendance is not required by the Court. If you plan on attending, you may want to verify the date and time by using the VNS Call Center or website. If you are a victim of the charged offense(s) and wish to speak at sentencing, please call our office well in advance of the scheduled hearing date. PLEASE NOTE: If you plan on attending the hearing, we suggest that you call our office at 404-581-6179, 404-581-6041 or 404-581-6102 one business day before the hearing to confirm the date and time. This call will help ensure that you receive up-to-date information on the status of the hearing.
Victim Impact Statements:
Please see the attachments below for the Victim Impact Statement to complete before January 31, 2019. You can advise the court about your thoughts on the sentencing of the defendants and about your losses on this form.
One of the issues that the Court will take up at the sentencing hearing is the amount of restitution owed to the victims of the offense(s). Under the Mandatory Victim Restitution Act, 18 U.S.C. § 3663A, offenders are required to pay restitution to the victims of the offense. After the Court determines this amount, our office will send you formal notification as to how to apply for restitution. You are not required to attend the sentencing hearing to be considered for restitution.
Crime Victims’ Rights Act
Under the Crime Victims’ Rights Act, 18 U.S.C. § 3771, victims have a statutory right to be heard by the sentencing court. If you consider yourself to be a victim of the offense, we encourage you to complete the attached questionnaire and return to our office at the following mailing address:
Victim Witness Coordinator
U.S. Attorney’s Office
Northern District of Georgia
75 Ted Turner Drive, SW, Suite 600
Atlanta, GA 30303
Our office will compile completed forms and ensure that they are submitted to the District Court prior to the sentencing hearing.
If you have not received notifications from our office from the Victim Notification System which provides you with upcoming hearing dates on this case, it is your responsibility to contact Christie Jones at 404-581-6102 or Ebony Usry at 404-581-6179 so you can be added to this system. We will need your name, email address, phone number, and mailing address to add you to the system for notification purposes. If you do not need to speak with one of us, you can leave a message on our voicemail with this information.
March 26, 2018 at 9:30 am - Sentencing
September 4, 2018 - Trial of criminal case
August 28, 2018 – Pretrial conference hearing in criminal case
February 27, 2018 – Pretrial conference hearing in criminal case
November 09, 2017 - Status Hearing in criminal case
March 07, 2017 - Superseding Indictment
February 22, 2016 - Proposed Amended Complaint
Christie Smith Jones
Victim Witness Coordinator
Victim Witness Assistant