United States of America v. Mitchell David Slentz

Austin, Texas, criminal defense lawyer represents the Defendant charged with wire fraud and engaging in monetary transactions with criminally derived proceeds in violation of 18 U.S.C. 1343 and 18 U.S.C. 1957

Reported by: Kent Morlan

Mitchell David Slentz, 34, was in charge of accounting operations at AFS, overseeing all accounting activities, financial reporting and internal controls, including submitting requests to JP Morgan Chase Bank to make payments to AFS’s vendors. Beginning no later than October 2023 and continuing at least until about March 2025, Slentz fraudulently misappropriated money from AFS through 147 payments, and deposited approximately $3,277,937.35 into his personal bank accounts through the use of interstate wire communications.

Using the criminally derived money, Slentz paid $25,000 on July 24, 2024, and $33,887.83 on Sept. 3, 2024, for student loan debt. Additional fraudulent activities were revealed through financial analyses of several of Slentz’s accounts. Furthermore, Slentz gambled extensively on an online gambling platform, depositing and/or winning more than $1 million through online gambling.

The FBI Austin White Collar Crime Task Force investigated the case.

The Defendant elected to plead guilty and will be sentenced after considering the U.S. Sentencing Guidelines and other statutory factors.