Preliminary Order of Forfeiture — United States v. Ayaz Qureshi (First Plea)

Summary

Judge Richard D. Bennett granted the United States' motion and entered this Preliminary Order of Forfeiture on 5/17/2023 against Ayaz Qureshi in Criminal No. RDB-22-330 (D. Md.), imposing a forfeiture money judgment of $250,723.00. The Information, filed September 19, 2022, charged Ayaz Qureshi with Wire Fraud Conspiracy under 18 U.S.C. § 1349 (Count One); Ayaz Qureshi pled guilty to that count on October 14, 2022 and agreed to an order of forfeiture including a money judgment of at least $250,723.00. The defendant remains personally liable until the judgment is satisfied, and the value of substitute assets is credited toward it. The order becomes final as to the defendant at sentencing and will be included in the criminal judgment.

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IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF MARYLAND

UNITED STATES OF AMERICA

CRIMINAL NO. RDB-22-330

AYAZ QURESHI,

Defendant

*

PRELIMINARY ORDER OF FORFEITURE

WHEREAS, on September 19, 2022, United States of America filed an Information,
charging AYAZ QURESHI (the “Defendant’’) with Wire Fraud Conspiracy, in violation of 18
U.S.C. § 1349 (Count One);

WHEREAS, the Information also included a forfeiture allegation, pursuant to 18 U.S.C.
§§ 924(d), 981(a)(1)(C), and 982(a)(2)(A), 21 U.S.C. § 853(p), and 28 U.S.C. § 2461(c), which
provided notice that the United States intended to seek forfeiture, upon conviction of the
Defendant, of the offense alleged in Count One of the Information;

WHEREAS, on October 14, 2022, the Defendant pled guilty to the offense alleged in
Count One of the Information;

WHEREAS, as part of his guilty plea, the Defendant agreed to entry of an order of
forfeiture, as part of the Defendant’s sentence, to include a money judgment of at least
$250,723.00 in U.S. currency equal to the value of the property derived from, or otherwise
involved in, the Defendant’s offense;

WHEREAS, pursuant to 18 U.S.C. §§ 982(a)(2)(A) and (b), 21 U.S.C. § 853(p) and Rule

32.2(b)(2) of the Federal Rules of Criminal Procedure, the United States is now entitled to a
Preliminary Order of Forfeiture imposing a money judgment in the amount of $250,723.00 in
U.S. currency against the Defendant;

ACCORDINGLY, it is hereby ORDERED, ADJUDGED, AND DECREED that:

1. The United States’ Motion for a Preliminary Order of Forfeiture is GRANTED.

2. Pursuant to 18 U.S.C. §§ 982(a)(2)(A) and (b), 21 U.S.C. § 853(p) and Rule 32.2
of the Federal Rules of Criminal Procedure, a forfeiture money judgment in the amount of
$250,723.00 in U.S. currency is hereby entered against the Defendant.

3. The Defendant shall remain personally liable until the judgment is satisfied. The
value of any substitute assets shall be credited toward the satisfaction of the money judgment.
Likewise, the value of any directly forfeitable property that is forfeited as the proceeds of the
offense shall also be credited toward the satisfaction of the money judgment, but property
forfeited as property used to commit or to facilitate the commission of the offense shall not be so
credited.

4. The United States is authorized to conduct any discovery that might be necessary
to identify, locate, or dispose of forfeited property, and to resolve any third-party petition,
pursuant to Rule 32.2(b)(3), (c)(1)(B) of the Federal Rules of Criminal Procedure and 21 U.S.C.
§ 853(m).

5. Pursuant to Rule 32.2(b)(6) and (c)(1), no third-party notice or ancillary
proceeding is required to the extent that this Order consists solely of a money judgment.

6. Pursuant to Rule 32.2(b)(4) of the Federal Rules of Criminal Procedure, this
Preliminary Order of Forfeiture will become final as to the Defendant at the time of his
sentencing, will be part of the Defendant’s criminal sentence, and will be included in the

criminal judgment entered by this Court against him.
7. The Court shall retain jurisdiction in this matter for the purpose of enforcing this
Order, and pursuant to Rule 32.2(e)(1) of the Federal Rules of Criminal Procedure, shall amend
this Order, or enter other orders as necessary, to forfeit additional specific property or substitute

property when identified.

/s/

Hon. Richard D. Bennett
United States District Judge

Dated: 5/17/2023


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