An Ashburn woman was arrested Thursday on federal charges of orchestrating a multi-year $5 million loan fraud scheme involving dozens of victims.
According to allegations in the complaint affidavit, Keisha L. Williams, 42, solicited more than $5 million from individual victim lenders by telling them that she needed emergency funding to get software that she had purchased out of escrow in Austria. It is alleged that Williams spent most of victims’ money on personal expenditures, including approximately $1 million on luxury travel and $1 million on shopping and retail purchases at places like Chanel, Gucci, and Louis Vuitton.
Williams has been charged with conspiracy to commit wire fraud and faces a maximum penalty of 20 years in prison if convicted.
Additional individuals who believe they may be a victim in this case are encouraged to call the Eastern District of Virginia Victim/Witness Coordinators at 1-800-221-6538.