Khayyam Arif Oglu Farajov, 40, owner of Florida-based Talishco LLC., pleaded guilty on October 9 to wire fraud and money laundering involving $1 million in fraudulent USPS freight payments. Between June 2022 and January 2023, he accepted hundreds of contracts through the USPS Freight Auction program but repeatedly failed to provide transportation services — instead falsifying delivery confirmations to trigger payments. He agreed to pay $993,979 in restitution and faces up to 20 years in prison per count. Authorities seized funds from his personal brokerage accounts after tracing the illicit flow through shell companies.
According to cdllife.com, Khayyam Arif Oglu Farajov, a 40-year-old Azerbaijani national and owner of Orlando-based Talishco LLC., pleaded guilty to wire fraud and money laundering in connection with a scheme to defraud the United States Postal Service (USPS) of approximately $1 million.
Guilty Plea and Restitution Agreement
Farajov entered his plea on October 9, as confirmed by the U.S. Attorney’s Office for the Middle District of Florida. As part of the agreement, he committed to paying $993,979 in restitution to the USPS — a figure nearly equivalent to the total illicit proceeds traced by investigators.
He admitted to enrolling Talishco LLC. in the USPS “Freight Auction” program in May 2022, after which he received hundreds of contracts between June 2022 and January 2023. Despite receiving payments, Farajov routinely failed to dispatch trucks for assigned routes, falsely claiming driver unavailability or delays to USPS staff.
“Farajov then went back into the platform and exploited the system by falsely marking the loads as delivered and triggering payment from USPS even though he had not performed the contracted routes,” the U.S. Attorney’s Office stated.
Funds Flow and Asset Seizure
The fraudulent proceeds were routed through shell companies controlled by Farajov before being consolidated into two personal investment brokerage accounts. He used those funds to trade stocks for personal enrichment. Federal authorities successfully traced the illicit flow and seized the full contents of the brokerage accounts.
Farajov now faces a maximum penalty of 20 years in federal prison on each count. Sentencing has not yet been scheduled. The case was investigated exclusively by the United States Postal Service – Office of Inspector General.
Source: cdllife.com
Compiled from international media by the SCI.AI editorial team.
