A federal grand jury in Pittsburgh has indicted two individuals from Florida and Virginia on charges related to a $26 million wire fraud and money laundering scheme targeting senior citizens across the United States, according to First Assistant United States Attorney Troy Rivetti.
The indictment names 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 following Jain’s arrest in Virginia.
Prosecutors allege that between January 2024 and August 2025, Jain and Yearwood conspired to defraud elderly victims through deceptive emails. These emails reportedly convinced victims to hand over large sums of cash or deposit money into bitcoin ATMs. The indictment states that the defendants operated fictitious entities and laundered approximately $26 million in victim funds through accounts at a bank in Vienna, Virginia.
Jain faces up to 40 years in prison and fines up to $1 million if convicted. Yearwood could face up to 20 years in prison and fines up to $250,000. Sentencing would be determined based on the severity of the offenses and any prior criminal history under federal guidelines.
Assistant United States Attorney Gregory C. Melucci is leading the prosecution for this case. The investigation involved the Internal Revenue Service-Criminal Investigation division, the Federal Bureau of Investigation, and the Mt. Lebanon Police Department.
Officials emphasize that an indictment is an accusation; all defendants are presumed innocent unless proven guilty.
