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US seizes funds of Napoles daughter

/ 05:53 AM July 17, 2015

The accounts of Jeane Catherine Napoles, the daughter of suspected pork barrel scam mastermind Janet Lim-Napoles, in various banks in the United States were ordered frozen because they allegedly came from stolen funds, according to the complaint filed by the US Department of Justice.

According to the complaint, the funds totaled $984,173.40 and were proceeds from the sale of the Ritz-Carlton luxury condominium in Los Angeles under Jeane’s name.

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The complaint said the young Napoles attempted to launch an Internet startup in the fashion industry called ImfashioNinja using the money.

On July 2, 2014, Napoles applied for a US E-2 investor visa describing herself as “president and founder” of the online fashion company.

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The documents attached to the application stated that the investment of the young Napoles was funded by the sale of her real property.

But on Aug. 6, 2014, seizure warrants for the Ritz-Carlton proceeds were issued by the US District Court of California “based on a showing that there was probable cause to believe the proceeds [came from] foreign offenses involving the bribery of a public official or misappropriation of public funds.”

The complaint said $827,887.21 was seized from the ImFashioNinja checking account, ImFashioNinja IMMA account and Jeane Napoles Citibank checking account, and $156,296.19 from the Jeane Napoles Bank of America 1361 checking account. The funds are in the custody of the US government.–Nancy C. Carvajal

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TAGS: frozen accounts, Jeane Catherine Napoles, pork barrel scam, US
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