Salamah will be arraigned on a date yet to be determined in U.S. District Court in Rockford. He faces a maximum potential penalty of up to 20 years in prison.
During that time frame, Salamah told the customers that he needed to move the money to diversify their assets. Instead, he deposited the money into a bank account under his control. Salamah used the money for his own benefit without the customers’ knowledge or consent.
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