International Money Launderer Sentenced to over 11 Years in Federal Prison for Laundering Millions from Cyber Crime Schemes

2021-09-08 USJustice

https://www.justice.gov/usao-cdca/pr/international-money-launderer-sentenced-over-11-years-federal-prison-laundering

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The funds included those from North Korean-perpetrated crimes, including the 2019 cyber-heist of a Maltese bank and the 2018 ATM cash-out theft from BankIslami in Pakistan. SAVANNAH, Georgia – A Canadian man was sentenced today to 140 months in federal prison for conspiring to launder tens of millions of dollars stolen in various wire and bank fraud schemes, including a massive online banking theft by North Korean cyber criminals that is part of a pending case in Los Angeles.

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