A New York man has been added to the FBI’s Most Wanted list on charges of international investment fraud and a money laundering scheme.
According to the FBI, Robinson was the founder and primary operator of QYU Holdings (QYU), a purported professional investment company trading foreign currency.
Investigators say from at least 2015 to June of 2023, Robinson, operating as QYU, allegedly raised an estimated $100 million from investors in the United States, Canada, Panama, and numerous other countries around the world, for supposed trading in the foreign currency exchange market.
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It is alleged that Robinson instead engaged in a Ponzi-style scheme, wherein he utilized newer investor funds to make distributions to other investors, pay QYU-related business expenses, and fund a lavish lifestyle.
On January 11, 2024, a federal arrest warrant was issued for Robinson in the United States District Court, Eastern District of Michigan, Detroit, Michigan, after he was charged with eleven counts of wire fraud and one count of money laundering.
Authorities say Robinson has ties to Panama, the United Arab Emirates, and Colombia.
If you have any information concerning this case, please contact the FBI’s Toll-Free tipline at 1-800-CALL-FBI (1-800-225-5324). You may also contact your local FBI office, the nearest American Embassy or Consulate, or you can submit a tip online at tips.fbi.gov.
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