“This ring laundered more than $1.2 million through New York’s banks and financial services using checks for personal and corporate accounts, cashiers’ checks, and large cash withdrawals,” said District Attorney Bragg. “From ‘renovations’ to ‘packaging preorder,’ the memo line of check after check was a farce. I thank our dedicated prosecutors for their work on this case and urge New Yorkers to use secure electronic payment methods to prevent future check fraud.”

“This plea and expected prison sentence demonstrate the seriousness with which my office treats fraud targeting New Yorkers,” said District Attorney Bragg. “From real estate clients to a company purchasing hard-to-find medical gloves during the pandemic, Bryan McKenna repeatedly drained the accounts of those who looked to him for legal representation. If you have been similarly defrauded by an attorney, please contact our Financial Frauds Bureau at 212-335-8900.”

“The defendants allegedly perpetrated a wide-ranging conspiracy motivated by profit and greed. In addition to allegedly forging and depositing stolen checks, they robbed random victims and put their safety at risk, once again demonstrating the connection between financial fraud and traditional street crime. Protecting the financial security of Manhattanites is a key component of public safety, and this Office will continue to prioritize uncovering and dismantling these pernicious schemes,” said District Attorney Bragg. 

“Michael Collins allegedly used his position as a marketing executive to embezzle nearly $6 million from two of his employers over the course of 8 years. He then allegedly used the stolen money to fund his lavish lifestyle, spending it on executive club memberships, luxury brands, fine dining, and extensive travel,” said District Attorney Bragg. “My office’s Investigation Division will hold accountable those who embezzle money from their employers.”

“Yaorong Wan used sleight-of-hand to pocket $260,000 worth of diamonds from two luxury jewelers,” said District Attorney Bragg. “New York is a global fashion capital, and we will continue to work with our law enforcement partners to keep mom-and-pop shops and high-end retailers alike safe.”