Photograph taken in 2002

Date of Birth Used:	May 2, 1972	Hair:	Black
Place of Birth:	Indiana	Eyes:	Brown
Height:	5'8"	Sex:	Male
Weight:	165 pounds	Race:	Black
NCIC:	W175346039	Nationality:	American
Occupations:	Telemarketer, Former Commodities Broker
Scars and Marks:	None known
Remarks:	Swarn may have traveled to the Philippines.

Gregory R. Swarn and an associate, John Anthony Porcaro, are wanted for their alleged involvement in a South Florida telemarketing scheme which defrauded individuals out of more than five million dollars throughout the United States. Between February and December of 1998, the Trump Financial Group and the Sheffield Group were doing business as telemarketing firms which obtained money from investors for purported investment in foreign currency options in the foreign exchange markets. It is alleged that investors were promised well in excess of 100 percent returns based upon the rise and fall of the value of foreign currencies in relation to the value of the United States Dollar.

Over 400 victims throughout the United States reportedly invested amounts as high as $10,000 individually. Investors rarely, if ever, received returns on their investments. Money raised from investors was allegedly used for the personal benefit of the firms' principal employees and telemarketers who sold investments. A substantial amount of the money was transferred to offshore bank accounts in the Cayman Islands.

On October 21, 2003, a federal indictment was filed by the United States District Court, Southern District of Florida, charging Swarn, Porcaro, and others who are no longer at large, with multiple counts of wire fraud, mail fraud, and money laundering. Federal warrants remain outstanding for the arrests of Swarn and Porcaro.

The FBI is offering rewards for information leading to the arrests of Gregory R. Swarn and John Anthony Porcaro.

IF YOU HAVE ANY INFORMATION CONCERNING THIS CASE, PLEASE CONTACT YOUR LOCAL FBI OFFICE OR THE NEAREST AMERICAN EMBASSY OR CONSULATE.