Springfield woman charged with resale of stolen goods and money laundering | USAO-MA
BOSTON — A Springfield woman was indicted today by a federal grand jury on charges of reselling stolen goods on eBay and money laundering.
Mimi Mai, 48, was charged with one count of interstate transportation of stolen property, four counts of money laundering and two counts of participating in monetary transactions in property derived from specified illegal activities. Mai was arrested today and made his first appearance in federal court in Springfield this afternoon.
According to the indictment, Mai owned and operated EZ Exchange, a pawn shop in Holyoke. It is alleged that Mai knowingly purchased stolen goods from pawnshop customers and resold them on eBay for prices far above those she paid the sellers. The stolen goods included a variety of household items, such as power tools, electronics, sunglasses, and beauty and personal care products. Between 2018 and 2021, Mai reportedly earned more than $2.1 million from the sale of items she listed as “new” on eBay. It is alleged that Mai used her eBay earnings to buy property in Florida.
The charges of interstate transportation of stolen property and monetary transactions in property derived from specified illegal activities each carry a sentence of up to 10 years in prison, three years of supervised release and a fine of up to $250,000. The money laundering charge carries a sentence of at least 20 years in prison, three years of probation and a fine of up to $250,000. Sentences are imposed by a federal district court judge based on US sentencing guidelines and other statutory factors.
United States Attorney Rachael S. Rollins; Joleen D. Simpson, Special Agent in Charge of the Internal Revenue Service, Criminal Investigations, Boston Field Office; and Holyoke Police Chief David Pratt made the announcement today. Assistance was provided by the Springfield Police Department, the New England State Police Information Network and investigators from Home Depot, CVS, Target and Stop & Shop. Assistant U.S. Attorneys Catherine Curley and Deepika Bains Shukla of Rollins’ Springfield branch are prosecuting the case.
The details contained in the indictment are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt by a court.