Kassin admitted in federal court that he accepted bank checks in exchange for checks of a lesser value from a charity he operated and controlled , the U.S. Attorney 's Office in New Jersey said . Prosecutors say Kassin operated an unlicensed money transmitting business . The FBI says he was arrested at his home on April 20 and charged with one count of conspiracy to commit wire fraud and two counts of bank fraud. He was arrested as part of a massive FBI corruption investigation .
Prosecutors say Kassin operated an unlicensed money transmitting business . The FBI says he was arrested at his home on April 20 and charged with one count of conspiracy to commit wire fraud and two counts of bank fraud. He was arrested as part of a massive FBI corruption investigation .