A federal grand jury in Pittsburgh has indicted two individuals from Florida and Virginia on charges related to wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. The announcement was made by First Assistant United States Attorney Troy Rivetti.
The indictment identifies Trevaughn J. Yearwood, also known as Larry Wood, 28, of Orlando, Florida—currently held at Clearfield County Jail on unrelated state charges—and Amit Kumar Jain, also known as Buddy Patel, 46, of Vienna, Virginia. The indictment was unsealed after Jain’s arrest in Virginia.
According to the indictment, Jain and Yearwood are accused of conspiring to defraud senior citizens in Western Pennsylvania and across the United States through an elder fraud scheme. The scheme allegedly involved sending deceptive emails that convinced victims to hand over tens of thousands of dollars in cash or make significant deposits into bitcoin ATMs for Yearwood, Jain, and their co-conspirators. Between January 2024 and August 2025, it is alleged that Jain and his associates operated fictitious entities used to launder about $26 million through accounts at a bank in Vienna, Virginia.
If convicted, Jain faces up to 40 years in prison and a fine of up to $1 million or both. Yearwood could receive up to 20 years in prison and a fine of up to $250,000 or both. Sentencing would be determined according to federal guidelines based on the seriousness of the offenses and any prior criminal history.
Assistant United States Attorney Gregory C. Melucci is prosecuting the case for the government.
The investigation leading to these indictments was conducted by the Internal Revenue Service-Criminal Investigation division, Federal Bureau of Investigation (FBI), and Mt. Lebanon Police Department.
"An indictment is an accusation. A defendant is presumed innocent unless and until proven guilty."
