Fayette County Woman Accused of Committing Identity Theft, Money Laundering in Scam Conspiracy

A Ramsey woman has been charged with being a "money mule" within a conspiracy to defraud victims and use their stolen identities.

54-year-old Elizabeth Conrad was the subject of a 19-count indictment and faces one count of conspiracy to commit mail fraud, two counts of mail fraud, one count of conspiracy to commit access device fraud, one count of access device fraud, seven counts of money laundering and seven counts of aggravated identity theft.

According to court documents, Conrad is accused of serving as a "money mule" for other scammers in a conspiracy to defraud victims from at least June 2020 until September 2022. Money mules are people who, at someone else's direction, receive and move money or valuables obtained from victims of fraud. Money mules add layers of distance between crime victims and criminals, which makes it harder for law enforcement to accurately trace funds that are fraudulently obtained from victims.

Some of the offenses facing Conrad are punishable by up to 20 years in prison.