Feb 12, 2025 · Bun Khath admitted that from 2016 to 2021, he conspired with others in a bank fraud scheme involving dozens of loans totaling at least $40 million in fraudulent loan proceeds.

Feb 11, 2025 · Bun Khath admitted that from 2016 to 2021, he conspired with others in a bank fraud scheme involving dozens of loans totaling at least $40 million in fraudulent loan proceeds.

Feb 12, 2025 · Bun Khath, a 43-year-old Houston resident, has pleaded guilty to laundering funds from a $40 million bank fraud scheme, admitting to falsifying loan documents and managing shell companies to...

Bun Khath admitted that from 2016 to 2021, he conspired with others in a bank fraud scheme involving dozens of loans totaling at least $40 million in fraudulent loan proceeds.

Feb 12, 2025 · Bun Khath, of Houston, Texas, admitted to conspiring with others from 2016 to 2021 in a scheme involving fraudulent loans totaling at least $40 million. Khath acknowledged establishing shell companies and bank accounts to collect and launder the fraud proceeds by transferring them to accounts controlled by co-conspirators.

Feb 12, 2025 · Bun Khath, a 43-year-old Houston resident, has pleaded guilty to laundering proceeds from a $40 million fraud scheme. Khath was indicted in July 2023 with three other Houston residents for the scheme that ran from 2016 through to 2021.

Feb 13, 2025 · Bun Khath, 43, acknowledged his participation in a scheme where fake documents, including equipment sales invoices, income tax returns, and financial statements, were used to falsify loan applications.

5 days ago · Two other Houston residents charged in the case, Jeremiah Almaguer, Bun Khath both of Houston, previously pleaded guilty to money laundering in the same scheme and are awaiting sentencing. Another Houston resident charged in the case - Hugo Villanueva - is considered a fugitive, and a warrant remains outstanding for his arrest.

Jul 26, 2023 · Judge update in case as to William A. Mills, Hugo Villanueva, Bun Khath, Jennifer WIlliams. Judge Keith P Ellison added. (AkeitaMichael, 4)

Feb 11, 2025 · Bun Khath, 43, confessed to his involvement in a conspiracy with others between 2016 and 2021. The scheme involved fraudulent loans amounting to at least $40 million....