Two men charged in an alleged money laundering scheme that authorities said stole a retired couple's $350,000 financial nest egg from the sale of their home are now free on $50,000 unsecured bond, and under GPS-based electronic home monitoring as they await trial.Both Ismail Shitu, of Brookline, and Nathaniel Nyamekye, of Beaver Falls, refused to comment as they left federal court in downtown Pittsburgh on Wednesday, after being indicted by a federal grand jury on a charge of money laundering. They each face a maximum potential sentence of 10 years in prison and a $250,000 fine, if convicted."I have nothing to tell you, man, I'm sorry," Nyamekye told Pittsburgh's Action News 4 as he left the courthouse. Authorities allege he got a cut of money from cybercrime fraud and laundered it through his tire and auto business in Aliquippa."No, you can't talk to me, go talk to my attorney," Shitu told Pittsburgh's Action News 4.Court documents filed this week said, "A retired couple had over $350,000 in their life savings stolen" and they have been "financially devastated" as are result. "They now live paycheck to paycheck as a direct result of the fraud perpetrated against them," said the U.S. Attorney's Office in court filings.Acting U.S. Attorney Soo Song was not available to speak on camera, but a written statement by her office said, "According to the indictments, on or about June 29, 2016, Shitu caused Citizens Bank to reissue a $48,000 official bank check which Nyamekye deposited into his Huntington Bank account, both knowing that the funds were derived from a criminal offense, when in fact the funds were derived from a wire fraud scheme."The retired couple's money was allegedly stolen from a settlement company and laundered through Shitu's Pittsburgh-area bank account, according to federal court documents. The court records describe some details of the FBI investigation of interstate and international activity and an ongoing money laundering probe. The criminal complaints, arrest warrants, and affidavits by the U.S. Attorney's Office for western Pennsylvania show Shitu is charged with fraudulently getting the money meant for the Maryland couple from the sale of their home, then divvying up the money to eight parties, including Nyamekye. Authorities said only a small portion of the couple's money had been recovered and more than $350,000 has not been located.Investigators with warrants searched Shitu's rented home in the 600 block of Fordam Avenue in Pittsburgh's Brookline neighborhood last Friday for more than eight hours. Federal warrants were also executed at Nyamekye's home in the 100 block of Marlene Drive in Beaver Falls and his business in the 1900 block of Main Street in Aliquippa. Authorities allege after Nyamekye deposited a $48,000 check in his Huntington National Bank account, he then opened a business bank account in the name Miken Autos, LLC, doing business as Remy Tire Mart.Court records said Salem's Market and Grill on Penn Avenue is one of the eight people or places to which Shitu allegedly wrote cashiers checks drawing from the couple's money. The court filing said a check for $50,000 to Salem's Market and Grill, where Shitu worked in 2013, was recovered and there's no charge or allegation against the business.The attorneys for each of the defendants declined comment as they left the courthouse.U.S. Magistrate Judge Cynthia Reed Eddy warned both defendants that they're under a strict electronic home monitoring, and if there are any violations, they'll be placed in federal detention until their day of trial.Both men are originally from Ghana. Shitu is a naturalized citizen and Nyamekye is a lawful permanent resident.The victims are a married couple originally from Rockville, Maryland who had an agreement to sell their home for over $1 million, and were using a settlement company in Maryland in April 2016. That's when authorities said the settlement company "received a series of fraudulent emails purported to be" from a real estate office, arranging to change where the couple's money was sent. The emails, the FBI later determined, were sent from the United Kingdom. A fraudulent fax purported to be from the victims told the settlement company to send the home sale settlement proceeds to a Citizens Bank account that belongs to Shitu, according to court records.The court documents said Shitu then issued cashier's checks in varying amounts to eight different individuals and entities.Court records show Shitu claimed to the FBI that someone he met in Ghana asked for his help in getting payment from a sale of gold in the United States. He also claimed a later point that someone in Ghana pressured him to continue to take part in the money laundering or his parents back in Ghana would be harmed. Prosecutors said "inconsistencies and omissions" from Shitu's version of events has "led the FBI to conclude that Shitu was a knowing participant in the fraud and money laundering scheme."