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November 01, 2000

U.S. Marshals Office of Public Affairs (703) 740-1699
Eastern District of Virginia (703) 274-2013

U.S. Marshals Service '15 Most Wanted' Defrauded Banks of Millions

John RUFFO (age progession photo)Washington, DC - John Ruffo has been wanted by the Marshals Service Eastern District of Virginia since November 1998, after he failed to self surrender to begin serving the seventeen-and a-half year prison term to which he had been sentenced.

After being named in a 150-count indictment charging him with bank fraud, money laundering, wire fraud, and conspiracy, Ruffo was arrested by the FBI in 1997 and released on a $10 million bond. He and a co-defendant had set up a fraudulent business scheme through which they had defrauded United States and foreign banks of $350 million. Approximately $13 million of the money has still not been recovered.

Ruffo pled guilty to all counts of the indictment in April 1998 and was sentenced to seventeen-and a-half years in Federal prison. At the time of his sentencing Ruffo's bail was continued and he was ordered by the court to self surrender on November 9, 1998. He became a Federal fugitive after failing to show up at the Federal Correctional Institution Fairton in New Jersey to begin his prison term.

Director Marshall said, "Ruffo may have access to monetary resources which could be helpful to him in evading capture. But, the Marshals Service is determined to see his days as a fugitive brought to an end."

John Ruffo is a 60 year-old white male with brown eyes and brown (balding) hair. He is 5- feet-5- inches tall and weighs approximately 170 pounds.

A reward of up to $25,000 is offered for information leading directly to Ruffo’s arrest. Anyone with information is urged to contact the nearest USMS District Office, the U.S. Marshals Service Communications Center at 1-800-336-0102, or submit a tip using USMS Tips.

     Wanted Poster for John Ruffo

Additional information about the U.S. Marshals Service can be found at http://www.usmarshals.gov.


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