Leslie Redd pleads guilty to conspiracy to commit wire fraud

Leslie Redd pleads guilty to conspiracy to commit wire fraud

California man, LESLIE REDD III pleads guilty to email compromise scheme that stole millions from Northwest maritime construction firms
Boat builder and engine manufacturing firm targeted by cybercrime

Seattle (STL.News) A 44-year-old Inglewood, California, man pleaded guilty in U.S. District Court in Seattle to an email compromise scheme that stole more than $3.3 million from a boat-building company, announced Acting U.S. Attorney Tessa M. Gorman. LESLIE REDD III, pleaded guilty to conspiracy to commit wire fraud and wire fraud.  He is scheduled for sentencing before Chief U.S. District Judge Ricardo S. Martinez on June 25, 2021.

According to records filed in the case, including the plea agreement, in October 2018, REDD entered a scheme with a co-conspirator in Pennsylvania and others.  The scheme began when a malicious link was sent to an email address of an employee at the engine-building company.  The link allowed the conspirators to gain access to the company’s email system and review various emails such as invoices.  The conspirators then posed as a billing executive at the engine manufacturing company and sent the boat-building company instructions to wire the payment funds to a specific bank account.  The conspirators had set up a fake company and the account at a Pennsylvania bank specifically to receive these funds. 

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