Two Lexington men were sentenced on Monday for their roles in a money laundering conspiracy, according to the United States Attorney’s Office. Hussein Qasim, 34, received a sentence of 57 months, while Ibrahim Qasim, 29, was sentenced to 45 months by U.S. District Judge Karen Caldwell. Both men were also ordered to pay $3,274,690 in restitution. The conspiracy involved co-conspirators outside the U.S. who targeted luxury car dealerships through emails and phone calls, impersonating legitimate dealership employees. These coconspirators deceived the dealerships into purchasing expensive vehicles that they did not own and had no intention of delivering. Payments were sent to specific bank accounts opened by the Qasims, who then funnelled the money through a complex series of financial transactions. Between June 2022 and December 2023, the Qasims laundered over $6 million from at least seven dealerships cross the U.S. Under federal law, the Qasims must serve 85 percent of their prison sentences. Upon their release, they will be supervised by the U.S. Probation Office for three years. The investigation was conducted by the U.S. Secret Service.
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