Three Defendants Indicted in Brooklyn Federal Court for Real Estate Investment Scheme

Earlier today in federal court in Brooklyn, an indictment was unsealed charging John Christian Gelin, Heather Marquez, and Kaolee Vang-Thao with conspiracy to commit wire fraud and conspiracy to commit bank fraud.  The charges arise from a multi-year and multi-million-dollar scheme to defraud financial institutions, investors, and prospective investors in connection with potential real estate transactions.  Gelin was arrested today and will be arraigned this afternoon before United States Magistrate Judge Robert M. Levy.  Marquez was arrested earlier today in Oceanside, California and will appear in the United States District Court for the Southern District of California.  Vang-Thao was arrested earlier today in Brooklyn Center, Minnesota and will appear in the United States District Court for the District of Minnesota.  Marquez and Vang-Thao will be arraigned in the Eastern District of New York at a later date.