Source: US Department of Homeland Security – Please note, there is an Important Disclaimer at the bottom of this statement.
The defendant and co-conspirators spent two years defrauding victims and sending their money overseas
WASHINGTON – The United States Department of Homeland Security (DHS) released the following statement after an investigation by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) led to the conviction and sentencing of a man who laundered nearly $100 million.
On June 9, 2026, the U.S. District Court in Seattle sentenced Geoffrey Auyeung, a United States citizen, to 5 years in prison and 3 years of supervised release for conspiracy to commit money laundering.
According to the U.S. Attorney’s Office for the Western District of Washington, Auyeung enabled investment fraud schemes by receiving approximately $100 million in fraud proceeds and forwarding them to co-conspirators’ bank accounts and cryptocurrency addresses.
From 2022 through 2024, co-conspirators convinced victims to send money to purported escrow accounts for oil tank storage purchases in Rotterdam, Netherlands, and Houston. The funds were quickly moved into other accounts, sent offshore, or used to purchase cryptocurrencies, much of which was transferred to individuals in Nigeria and Russia.
“Mr. Auyeung took advantage of investors who thought they were investing in the oil and gas industry,” said Acting HSI Seattle Special Agent in Charge April Miller. “Not just Americans, but people all around the world.”
The investigation was led by HSI and the Internal Revenue Service Criminal Investigations (IRS-CI).
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Disclaimer: This is a statement from the US Department of Homeland Security. The claims made in support of US ICE and claims of guilt against immigrants to the USA may or may not be accurate. What is accurate is that the US Department of Homeland Security and/or ICE have asserted views contained in this statement that could potentially be politically motivated, and it is possible that crimes detailed as fact by the USDHS and or ICE are actually alleged and may not have been tested in a court of law. As such these claims are not necessarily supported or endorsed by MIL-OSI and its clients. However, MIL-OSI can assert that this statement is an accurate record of what the US Department of Homeland Security and or ICE has released on its website and to media.