DREXEL HILL, P.A. (KYW Newsradio) — A Delaware county mother-daughter duo are facing decades in prison after admitting in court to working together to launder millions through a business loan scheme during the COVID-19 pandemic.
Christina Williams, 31, pleaded guilty to one count of conspiracy to commit money laundering earlier this week.
Officials said in 2020, her and her mother, 54-year Rosemarie Dixon, teamed up with another person to register two fake businesses in New Jersey.
U.S. Attorney for the Eastern District of Pennsylvania David Metcalf said the duo set up a fake food service company and real estate business — both of which never had any employees. He said between January 2020 and April 2021, those “bogus” businesses opened multiple bank accounts and fraudulently obtained federal funds and loans.
In total, Metcalf said the businesses laundered or attempted to launder some $7 million.
Both women are now looking at maximum sentences of up to 20 years and must split a $14 million fine.
The duo have to pay $14 million in fines and face up to 20 years in prison.
The duo have to pay $14 million in fines and face up to 20 years in prison.
