The United States Attorney’s Office for the District of Colorado has announced that a grand jury has returned a superseding indictment against Lori Ann Kimball, 52, from Castle Rock. She is charged with one count of conspiracy to commit money laundering and 23 counts of money laundering.
According to the indictment, individuals other than Kimball built fake online relationships with victims to gain their trust and convinced them to send money to Kimball through wire transfers, checks, or cash. Despite warnings from law enforcement about her conduct, Kimball allegedly continued illegal financial transactions. She reportedly transferred over $3.4 million received from victims between January 2023 and February 2025 to cryptocurrency accounts in her name before transferring these holdings to digital wallets belonging to overseas individuals. Additionally, she is accused of providing false information to banks and cryptocurrency exchanges to conceal her activities. During this time, Kimball used at least 20 bank accounts and nine cryptocurrency accounts.
The indictment further alleges that Kimball knowingly conducted financial transactions involving more than $10,000 in proceeds from mail and wire fraud on multiple occasions. To conceal the illegally obtained funds, she allegedly used methods such as moving money via cashier’s checks and cash between bank and cryptocurrency accounts, structuring cash deposits to avoid scrutiny, withdrawing funds from investigated accounts, opening new cryptocurrency accounts as others were flagged, splitting transactions across platforms to evade limits, and requesting multiple smaller cashier’s checks instead of a single large one.
The charges are allegations at this stage; Kimball is presumed innocent unless proven guilty.
This case is being investigated by the Internal Revenue Service – Criminal Investigation and prosecuted by Assistant United States Attorney Craig Fansler.
Case Number: 1:25-cr-00054-CNS
